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Background on the 2.0L diesel engines at the core of the Volkswagen emissions testing debacle
2015-09-22 01:55:35| Green Car Congress
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Volkswagen owners should be nervous about emissions scandal, experts say
2015-09-22 01:45:01| Auto Dealers - Topix.net
Automobile recalls, even huge, highly publicized ones, typically don't hurt new or used car sales, but the Volkswagen scandal involving tricking emissions testers is different and could be cause for worry among VW diesel vehicle owners, experts say. At least one class-action lawsuit has already been filed on behalf of Volkswagen and Audi owners.
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Emissions scandal taking tool on market value of Volkwagen
2015-09-21 18:25:49| Automakers - Topix.net
Volkswagen AG lost almost a quarter of its market value after it admitted to cheating on U.S. air pollution tests for years, putting pressure on Chief Executive Officer Martin Winterkorn to repair the reputation of the world's biggest carmaker. Top supervisory board members will convene on Wednesday, according to two people with knowledge of the plans, who asked not to be named because the meeting is private.
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Volkswagen faces penalties for diesel emissions scandal
2015-09-21 18:19:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Volkswagen has instructed U.S. dealers to halt sales of 2015 diesel cars after regulators discovered software it designed for the affected vehicles gave false emissions data. The company now faces financial and criminal penalties. The U.S. Environmental Protection Agency (EPA) said on Friday the company had installed illegal defeat device software to cheat emission tests. The software allowed its cars to produce up to 40 times more pollution than permitted. The EPA added that Volkswagen could...
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Volkswagen Shares Plummet 22% After Admitting To Emissions Test Cheating
2015-09-21 15:26:23| Automakers - Topix.net
Volkswagen AG shares plummeted by 22% after the company admitted to cheating on U.S. air pollution tests for years. The company is now facing potentially billions of dollars in fines, a fact that isn't sitting well with investors.
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