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8 Mar 2019, 8:54 am
SEC Charges Volkswagen, Former CEO With Defrauding Bond Investors During "Clean Diesel" Emissions Fraud (SEC Release)https://www.sec.gov/news/press-release/2019-34In a Complaint filed in the United States District Court for the Northern District of California, https://www.sec.gov/files/complaint-2019-03-14_0.pdf the SEC today charged Volkswagen AG, its subsidiaries Volkswagen Group of America Finance, LLC and VW Credit, Inc., and former Chief Executive Officer Martin… [read post]
15 Apr 2019, 3:56 pm
" Winterkorn stepped down from his position shortly after VW Group's cheating was made public. [read post]
18 Jan 2019, 2:43 pm
Enlarge / A sign for car service for Audi and VW is pictured on January 09, 2019 in Berlin, Germany. [read post]
27 Feb 2023, 10:16 am
Enlarge (credit: Getty Images | NurPhoto ) A sheriff's office in Illinois said it was initially thwarted from tracking a stolen car with a 2-year-old boy inside when Volkswagen's Car-Net service refused to provide access to the tracking system because the car's subscription had expired. [read post]
11 Jan 2017, 12:10 pm
(credit: photo) The US Justice Department announced on Wednesday that Volkswagen would pay $4.3 billion in civil and criminal fines and plead guilty to three criminal charges pertaining to the automaker’s diesel emissions scandal. [read post]
7 Oct 2015, 12:10 pm
Those cars included the Audi A3 (2009-15), VW Jetta (2009-15), VW Beetle (2009-15), VW Golf (2009-15) and VW Passat (2012-15). [read post]
25 Aug 2017, 3:15 pm
“VW tasked Liang with making the defeat device work by calibrating it to recognize specific US emissions tests’ drive cycles,” the Justice Department (DOJ) wrote in a press release. [read post]
25 Feb 2020, 6:46 am
” In a rare move for a multinational, the appointee will be granted direct access to Mr Diess, and other top VW executives.Read 12 remaining paragraphs | Comments [read post]
26 Apr 2022, 2:28 am
Is the world around VW possibly changing faster than its approach to IP? [read post]
5 Jan 2011, 4:54 pm
Let me assure you, filing bankruptcy is not as horrible as you might have heard, and in fact, can actually put you in a better position credit wise than you currently are in, especially if your credit score is already poor.If you have not paid your bills in a long time and/or have been turned over to collection agencies, that will be negatively noted on your credit report and will stay on there for up to 7 years. [read post]
23 Sep 2015, 12:00 pm
Up to 11 million cars worldwide were fitted with the software including the Audi A3 (2009-15), VW Jetta (2009-15), VW Beetle (2009-15), VW Golf (2009-15) and VW Passat (2012-15). [read post]
5 Apr 2019, 11:30 am
(credit: AXEL SCHMIDT/AFP/Getty Images) On Friday, the European Union Commission accused BMW, Daimler, and Volkswagen Group (which makes VW, Audi, and Porsche vehicles) of colluding to limit emissions reduction technology in their diesel and gas vehicles. [read post]
13 Nov 2015, 12:12 pm
Photo credit: urbanwheel.co Download or subscribe to this show at https://twit.tv/shows/this-week-in-law. [read post]
10 Jun 2021, 3:01 pm
The €270 million total to which the insurers agreed to pay is subject to certain credits including defense costs previously paid. [read post]
18 Feb 2014, 9:25 am
Thank you to the Credit Slips team and, in particular, Bob, for inviting me to guest blog. [read post]
29 Sep 2017, 9:11 am
German authorities confirmed to the New York Times that a suspect was arraigned on Thursday morning in connection with the ongoing investigation of VW Group’s Audi unit. [read post]
19 Jul 2016, 1:38 pm
(credit: Volkswagen AG) On Tuesday, the attorneys general of Massachusetts, New York, and Maryland launched fresh lawsuits at Volkswagen Group and its affiliates Audi and Porsche, naming more than two dozen engineers and managers in an apparent scheme to install illegal software on diesel VWs, Audis, and Porsches that were sold in the US. [read post]
24 Mar 2016, 12:00 pm
(credit: Getty Images) US District Judge Charles Breyer told Volkswagen and regulators that they have until April 21 to present a plan to bring over 600,000 Volkswagen, Audi, and Porsche diesel vehicles into compliance with emissions regulations. [read post]
7 May 2019, 4:40 pm
But in April, German prosecutors filed their first criminal indictment of VW Group executives, including former CEO Martin Winterkorn. [read post]
22 Oct 2015, 9:10 am
As we noted pretty recently in a post about the VW emissions scandal, class actions are the only realistic way to do that. [read post]
