The Truth About Cars » Germany http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 29 Apr 2016 19:27:59 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 Volkswagen Isn’t Selling any Brands Just Yet, But it’s Still Their ‘Plan B’ http://www.thetruthaboutcars.com/2016/04/volkswagen-isnt-selling-any-brands-just-yet-but-it-remains-plan-b/ http://www.thetruthaboutcars.com/2016/04/volkswagen-isnt-selling-any-brands-just-yet-but-it-remains-plan-b/#comments Thu, 28 Apr 2016 15:30:39 +0000 http://www.thetruthaboutcars.com/?p=1333138 Rival automakers salivating at the thought of snapping up a castoff from Volkswagen’s brand portfolio will have to sit and wait. Amid grim fourth-quarter financial data and ongoing expenses linked to the diesel emissions scandal, the company is standing by its assets, but admits they might have to jettison some if unexpected expenses crop up. […]

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Rival automakers salivating at the thought of snapping up a castoff from Volkswagen’s brand portfolio will have to sit and wait. Amid grim fourth-quarter financial data and ongoing expenses linked to the diesel emissions scandal, the company is standing by its assets, but admits they might have to jettison some if unexpected expenses crop up. […]

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‘Defeat Device’ PowerPoint Presentation is Volkswagen’s Latest Embarrassment http://www.thetruthaboutcars.com/2016/04/defeat-device-powerpoint-presentation-is-volkswagens-latest-embarrassment/ http://www.thetruthaboutcars.com/2016/04/defeat-device-powerpoint-presentation-is-volkswagens-latest-embarrassment/#comments Wed, 27 Apr 2016 16:00:10 +0000 http://www.thetruthaboutcars.com/?p=1332730 If you want your nefarious plan to stay on the down low, try not to make a PowerPoint presentation on it. That’s an obvious takeaway from the New York Times report that details a bombshell discovery made by investigators probing documents and laptops related to Volkswagen’s diesel emissions scandal. It’s already known that Audi designed the […]

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If you want your nefarious plan to stay on the down low, try not to make a PowerPoint presentation on it. That’s an obvious takeaway from the New York Times report that details a bombshell discovery made by investigators probing documents and laptops related to Volkswagen’s diesel emissions scandal. It’s already known that Audi designed the […]

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For Some Weird Reason, Volkswagen is Having a Hard Time Agreeing to Union Pay Hike Demands http://www.thetruthaboutcars.com/2016/04/for-some-weird-reason-volkswagen-is-having-a-hard-time-agreeing-to-union-pay-hike-demands/ http://www.thetruthaboutcars.com/2016/04/for-some-weird-reason-volkswagen-is-having-a-hard-time-agreeing-to-union-pay-hike-demands/#comments Tue, 26 Apr 2016 19:15:51 +0000 http://www.thetruthaboutcars.com/?p=1331970 It just posted its largest loss ever and is up to its eyebrows in scandal-related expenses, so what’s an automaker to do when the hands come out asking for more? That’s the situation in Wolfsburg, Germany, where the scandal-rocked Volkswagen and its workers’ labor union find themselves engaged in an uncomfortable dance, according to Automotive […]

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It just posted its largest loss ever and is up to its eyebrows in scandal-related expenses, so what’s an automaker to do when the hands come out asking for more? That’s the situation in Wolfsburg, Germany, where the scandal-rocked Volkswagen and its workers’ labor union find themselves engaged in an uncomfortable dance, according to Automotive […]

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Some Good News for Volkswagen Owners’ Panicky Shareholders http://www.thetruthaboutcars.com/2016/04/some-good-news-for-volkswagen-owners-panicky-shareholders/ http://www.thetruthaboutcars.com/2016/04/some-good-news-for-volkswagen-owners-panicky-shareholders/#comments Mon, 25 Apr 2016 20:30:03 +0000 http://www.thetruthaboutcars.com/?p=1331234 After Volkswagen announced last week that it would cut dividends by 97 percent due to the financial fallout of the diesel emissions scandal, there’s a ray of light for those who have shares in the company’s owner. Porsche Automobil Holding SE, the investment vehicle of Volkswagen AG’s ultra-wealthy owner family, said it will front the […]

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After Volkswagen announced last week that it would cut dividends by 97 percent due to the financial fallout of the diesel emissions scandal, there’s a ray of light for those who have shares in the company’s owner. Porsche Automobil Holding SE, the investment vehicle of Volkswagen AG’s ultra-wealthy owner family, said it will front the […]

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Volkswagen Fills its Scandal Jar With $18.2 Billion, Warns of Financial Pain Ahead http://www.thetruthaboutcars.com/2016/04/volkswagen-fills-its-scandal-jar-with-18-2-billion-warns-of-financial-pain-ahead/ http://www.thetruthaboutcars.com/2016/04/volkswagen-fills-its-scandal-jar-with-18-2-billion-warns-of-financial-pain-ahead/#comments Fri, 22 Apr 2016 16:15:46 +0000 http://www.thetruthaboutcars.com/?p=1330161 The heavy financial cost of Volkswagen’s diesel emissions scandal is becoming clear. After reaching a settlement yesterday with U.S. consumers and regulators, the automaker is more than doubling the size of its “make the problem go away” cash pile, Bloomberg is reporting. Volkswagen set aside 16.2 billion euros ($18.6 billion) today to deal with the scandal’s […]

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The heavy financial cost of Volkswagen’s diesel emissions scandal is becoming clear. After reaching a settlement yesterday with U.S. consumers and regulators, the automaker is more than doubling the size of its “make the problem go away” cash pile, Bloomberg is reporting. Volkswagen set aside 16.2 billion euros ($18.6 billion) today to deal with the scandal’s […]

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Volkswagen’s Buyback Might Be Worse (Environmentally) Than the Crime http://www.thetruthaboutcars.com/2016/04/volkswagens-buyback-might-worse-environmentally-crime/ http://www.thetruthaboutcars.com/2016/04/volkswagens-buyback-might-worse-environmentally-crime/#comments Fri, 22 Apr 2016 15:15:58 +0000 http://www.thetruthaboutcars.com/?p=1329625 Update: I made a decimal flub. The math is corrected. Thanks to commenter ChemEng for pointing it out. We’ll post a new piece on Monday. There’s no denying it: Volkswagen cheated. It confessed to the crime of emitting up to 40 times over the legal limit allowed for NOx. We learned yesterday (and the day before, to some degree), that Volkswagen will […]

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Update: I made a decimal flub. The math is corrected. Thanks to commenter ChemEng for pointing it out. We’ll post a new piece on Monday. There’s no denying it: Volkswagen cheated. It confessed to the crime of emitting up to 40 times over the legal limit allowed for NOx. We learned yesterday (and the day before, to some degree), that Volkswagen will […]

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Audi Needs Porsche’s Help for the R6 http://www.thetruthaboutcars.com/2016/04/audi-needs-porsches-help-for-the-r6/ http://www.thetruthaboutcars.com/2016/04/audi-needs-porsches-help-for-the-r6/#comments Mon, 18 Apr 2016 20:00:52 +0000 http://www.thetruthaboutcars.com/?p=1327065 Despite sharing the comfort of a corporate umbrella, it seems that two standoffish German luxury makes are now pushing the beds together. According to the German publication Autobild (via Autoguide), Audi is tapping Porsche’s expertise to develop a new performance vehicle, designed to occupy the vast gap between the TT and R8 supercar. Carrying the […]

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Despite sharing the comfort of a corporate umbrella, it seems that two standoffish German luxury makes are now pushing the beds together. According to the German publication Autobild (via Autoguide), Audi is tapping Porsche’s expertise to develop a new performance vehicle, designed to occupy the vast gap between the TT and R8 supercar. Carrying the […]

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Decal Douchebags: Führerocious Sticker Adds Ten Very White Horsepower http://www.thetruthaboutcars.com/2016/04/decal-douchebags-fuhrerocious-sticker-adds-ten-white-horsepower/ http://www.thetruthaboutcars.com/2016/04/decal-douchebags-fuhrerocious-sticker-adds-ten-white-horsepower/#comments Fri, 15 Apr 2016 15:30:18 +0000 http://www.thetruthaboutcars.com/?p=1325082 Volkswagen gets a lot of unflattering press these days, but a faction of the automaker’s fan base seems determined to malign its name even more. A disturbing subculture exists on the fringes of the Volkswagen fanboy community, and it manifests itself in decals and not-so-subtle window stickers that feature Nazi imagery. Most normal, reasonable people would want […]

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Volkswagen gets a lot of unflattering press these days, but a faction of the automaker’s fan base seems determined to malign its name even more. A disturbing subculture exists on the fringes of the Volkswagen fanboy community, and it manifests itself in decals and not-so-subtle window stickers that feature Nazi imagery. Most normal, reasonable people would want […]

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Take a Little off the Top Come Bonus Time, Müller Tells Volkswagen Management http://www.thetruthaboutcars.com/2016/04/take-little-off-top-come-bonus-time-mueller-tells-volkswagen-management/ http://www.thetruthaboutcars.com/2016/04/take-little-off-top-come-bonus-time-mueller-tells-volkswagen-management/#comments Mon, 11 Apr 2016 16:30:14 +0000 http://www.thetruthaboutcars.com/?p=1321978 Volkswagen CEO Matthias Müller is expected to cave to shareholder and labor pressure today and ask that his management board agree to trim their bonuses by 30 percent, insider sources have told Reuters. Will it satisfy dealers and vehicle owners stuck with depreciated rolling stock? Not. Bloody. Likely. The request, if it comes to pass, comes […]

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Volkswagen CEO Matthias Müller is expected to cave to shareholder and labor pressure today and ask that his management board agree to trim their bonuses by 30 percent, insider sources have told Reuters. Will it satisfy dealers and vehicle owners stuck with depreciated rolling stock? Not. Bloody. Likely. The request, if it comes to pass, comes […]

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Another Lawsuit Launched at Mercedes-Benz in Diesel Litigation Barrage http://www.thetruthaboutcars.com/2016/04/another-lawsuit-launched-mercedes-benz-diesel-litigation-barrage/ http://www.thetruthaboutcars.com/2016/04/another-lawsuit-launched-mercedes-benz-diesel-litigation-barrage/#comments Fri, 08 Apr 2016 18:00:39 +0000 http://www.thetruthaboutcars.com/?p=1321106 Mercedes-Benz’s parent company, Daimler, has been hit with a second lawsuit from a U.S. law firm that represents owners of diesel vehicles, despite recent evidence that could render the suit invalid. The suit from now-familiar firm Hagens Berman accuses the German automaker of employing an emissions “defeat device,” a la Volkswagen, in its diesel vehicles, according […]

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Mercedes-Benz’s parent company, Daimler, has been hit with a second lawsuit from a U.S. law firm that represents owners of diesel vehicles, despite recent evidence that could render the suit invalid. The suit from now-familiar firm Hagens Berman accuses the German automaker of employing an emissions “defeat device,” a la Volkswagen, in its diesel vehicles, according […]

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At Volkswagen, Labor Knives Come Out for Herbert Diess http://www.thetruthaboutcars.com/2016/04/volkswagen-labor-knives-come-herbert-diess/ http://www.thetruthaboutcars.com/2016/04/volkswagen-labor-knives-come-herbert-diess/#comments Thu, 07 Apr 2016 15:30:27 +0000 http://www.thetruthaboutcars.com/?p=1320106 Volkswagen brand chief Herbert Diess has a target on his back, now that the union representing the automaker’s workers has made its distrust of the company public. Labor union IG Metall slammed the company’s management in a letter published on its website, stating the company was using the diesel emissions scandal as a way of cutting staff, […]

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Volkswagen brand chief Herbert Diess has a target on his back, now that the union representing the automaker’s workers has made its distrust of the company public. Labor union IG Metall slammed the company’s management in a letter published on its website, stating the company was using the diesel emissions scandal as a way of cutting staff, […]

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Sausage Fight! Decadent Daimler Shareholders Tangle in Bratwurst Brouhaha http://www.thetruthaboutcars.com/2016/04/sausage-fight-decadent-daimler-shareholders-tangle-bratwurst-brouhaha/ http://www.thetruthaboutcars.com/2016/04/sausage-fight-decadent-daimler-shareholders-tangle-bratwurst-brouhaha/#comments Thu, 07 Apr 2016 12:30:41 +0000 http://www.thetruthaboutcars.com/?p=1319970 Sometimes, stereotypes exist for a reason. Things got heated yesterday at a Daimler AG shareholders meeting in Germany, where a fight broke out over lengthy, plump sausages, Bloomberg has reported. This, despite the fact the lucky shareholders were told they’d be receiving the biggest dividend in the company’s history — 3.25 euros ($3.70) per share. You’d […]

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Sometimes, stereotypes exist for a reason. Things got heated yesterday at a Daimler AG shareholders meeting in Germany, where a fight broke out over lengthy, plump sausages, Bloomberg has reported. This, despite the fact the lucky shareholders were told they’d be receiving the biggest dividend in the company’s history — 3.25 euros ($3.70) per share. You’d […]

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France Begins Process of Wooing Elon Musk http://www.thetruthaboutcars.com/2016/04/france-begins-process-wooing-elon-musk/ http://www.thetruthaboutcars.com/2016/04/france-begins-process-wooing-elon-musk/#comments Wed, 06 Apr 2016 21:00:04 +0000 http://www.thetruthaboutcars.com/?p=1319586 Tesla founder Elon Musk wants to build a new European factory to satisfy growing demand on the continent, and France knows just the place he should do it. French Energy Minister Segolene Royal reportedly pitched the idea of using the site of a soon-to-be-mothballed reactor to Musk, according to Reuters (via Automotive News Europe). “He […]

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Tesla founder Elon Musk wants to build a new European factory to satisfy growing demand on the continent, and France knows just the place he should do it. French Energy Minister Segolene Royal reportedly pitched the idea of using the site of a soon-to-be-mothballed reactor to Musk, according to Reuters (via Automotive News Europe). “He […]

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Manual Transmissions Come to Final Grinding Halt in BMW M5, M6 http://www.thetruthaboutcars.com/2016/04/manual-transmissions-come-final-grinding-halt-bmw-m5-m6/ http://www.thetruthaboutcars.com/2016/04/manual-transmissions-come-final-grinding-halt-bmw-m5-m6/#comments Wed, 06 Apr 2016 15:58:47 +0000 http://www.thetruthaboutcars.com/?p=1319042 It’s had a few good days recently, but there’s no doubt the manual transmission is a patient that’s rapidly slipping away. BMW just did its part to hasten the demise by getting rid of the stick shift option in next year’s M5 and M6, according to comments made to Car and Driver by BMW M […]

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It’s had a few good days recently, but there’s no doubt the manual transmission is a patient that’s rapidly slipping away. BMW just did its part to hasten the demise by getting rid of the stick shift option in next year’s M5 and M6, according to comments made to Car and Driver by BMW M […]

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Talk to Our Committee to Avoid Lawsuits, Volkswagen Dealers Tell Automaker http://www.thetruthaboutcars.com/2016/04/talk-to-our-committee-to-avoid-lawsuits-volkswagen-dealers-tell-automaker/ http://www.thetruthaboutcars.com/2016/04/talk-to-our-committee-to-avoid-lawsuits-volkswagen-dealers-tell-automaker/#comments Sat, 02 Apr 2016 14:19:09 +0000 http://www.thetruthaboutcars.com/?p=1317242 Volkswagen dealers in the U.S. have formed a go-to team tasked with drawing compensation out of the automaker while avoiding a looming barrage of dealer lawsuits. The five-member committee was formed at a dealers-only meeting held yesterday at the National Automobile Dealers Association convention in Las Vegas, one day before U.S. dealers were expected to […]

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Volkswagen dealers in the U.S. have formed a go-to team tasked with drawing compensation out of the automaker while avoiding a looming barrage of dealer lawsuits. The five-member committee was formed at a dealers-only meeting held yesterday at the National Automobile Dealers Association convention in Las Vegas, one day before U.S. dealers were expected to […]

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LEAKED: Volkswagen Sends “EcoPlus” Diesel Fix to Customer http://www.thetruthaboutcars.com/2016/04/leaked-volkswagen-sends-ecoplus-diesel-fix-to-customer/ http://www.thetruthaboutcars.com/2016/04/leaked-volkswagen-sends-ecoplus-diesel-fix-to-customer/#comments Fri, 01 Apr 2016 15:58:00 +0000 http://www.thetruthaboutcars.com/?p=1316562 It looks like Volkswagen has inadvertently sent a fix for its illegally polluting TDI vehicles to a customer, along with a letter spelling out the costs of said fix. The fix, which is included on an OBD II adapter, wasn’t supposed to be sent with the letter, explained the TDI owner who wished to remain […]

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It looks like Volkswagen has inadvertently sent a fix for its illegally polluting TDI vehicles to a customer, along with a letter spelling out the costs of said fix. The fix, which is included on an OBD II adapter, wasn’t supposed to be sent with the letter, explained the TDI owner who wished to remain […]

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Volkswagen Gets a New Diesel Deadline, But There Won’t Be Another http://www.thetruthaboutcars.com/2016/03/volkswagen-gets-new-diesel-deadline-wont-another/ http://www.thetruthaboutcars.com/2016/03/volkswagen-gets-new-diesel-deadline-wont-another/#comments Thu, 24 Mar 2016 19:00:18 +0000 http://www.thetruthaboutcars.com/?p=1311194 After missing today’s deadline for a U.S. emissions fix, Volkswagen has been issued a new one, and will now face a summer trial if the date passes without a plan to cure its diesel ills. The extension of the deadline until April 21 was issued by U.S. District Judge Charles Breyer, who had earlier set the March […]

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After missing today’s deadline for a U.S. emissions fix, Volkswagen has been issued a new one, and will now face a summer trial if the date passes without a plan to cure its diesel ills. The extension of the deadline until April 21 was issued by U.S. District Judge Charles Breyer, who had earlier set the March […]

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TTAC News Round-up: Toyota One-Ups Rivals, Robots Invade BMW, and TVR Taps Wales http://www.thetruthaboutcars.com/2016/03/ttac-news-round-toyota-one-ups-rivals-robots-invade-bmw-tvr-taps-wales/ http://www.thetruthaboutcars.com/2016/03/ttac-news-round-toyota-one-ups-rivals-robots-invade-bmw-tvr-taps-wales/#comments Tue, 22 Mar 2016 15:00:23 +0000 http://www.thetruthaboutcars.com/?p=1308458 Toyotas will soon be screeching to a halt everywhere and that should make its rivals jealous. That, BMW unleashes the robots on the workers, eccentric automaker picks a place with funny-sounding names, General Motors isn’t falling out of love with China, and Mercedes-Maybach to get a rival … after the break! My dad’s car can […]

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Toyotas will soon be screeching to a halt everywhere and that should make its rivals jealous. That, BMW unleashes the robots on the workers, eccentric automaker picks a place with funny-sounding names, General Motors isn’t falling out of love with China, and Mercedes-Maybach to get a rival … after the break! My dad’s car can […]

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TTAC News Round-up: Wrangler Pipeline Glut, Mark “Ka-Ching!” Fields, and GM’s Need for More Speeds http://www.thetruthaboutcars.com/2016/03/ttac-news-round-wrangler-pipeline-glut-mark-ka-ching-fields-gms-need-speeds/ http://www.thetruthaboutcars.com/2016/03/ttac-news-round-wrangler-pipeline-glut-mark-ka-ching-fields-gms-need-speeds/#comments Mon, 21 Mar 2016 14:30:17 +0000 http://www.thetruthaboutcars.com/?p=1307602 Americans might finally start to see a few of these so-called “Jeeps” roaming around their hometown. That, Mark Fields can pick up everyone’s tab, eight (speeds) isn’t enough at General Motors, the Phaeton ends its long farewell, and GM Korea wants out of its slump … after the break! Get ready for a Wrangler tsunami […]

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Americans might finally start to see a few of these so-called “Jeeps” roaming around their hometown. That, Mark Fields can pick up everyone’s tab, eight (speeds) isn’t enough at General Motors, the Phaeton ends its long farewell, and GM Korea wants out of its slump … after the break! Get ready for a Wrangler tsunami […]

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TTAC News Round-up: Daimler Sets GPS to Poland, Porsche Execs Get Off, and Self-Driving Rules Coming http://www.thetruthaboutcars.com/2016/03/ttac-news-round-daimler-looks-poland-porsche-execs-get-off-self-driving-rules-coming/ http://www.thetruthaboutcars.com/2016/03/ttac-news-round-daimler-looks-poland-porsche-execs-get-off-self-driving-rules-coming/#comments Fri, 18 Mar 2016 16:00:11 +0000 http://www.thetruthaboutcars.com/?p=1306561 Mercedes-Benz parent company Daimler is getting cold feet about opening a factory in Russia, and thinks it might just skip a little bit west. That, two Porsche executives avoid the Big House, the NHTSA wants autonomous rules post-haste, Volkswagen seeks a quick way out of trouble, and Aston Martin wants an F1-inspired moonshot … after […]

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Mercedes-Benz parent company Daimler is getting cold feet about opening a factory in Russia, and thinks it might just skip a little bit west. That, two Porsche executives avoid the Big House, the NHTSA wants autonomous rules post-haste, Volkswagen seeks a quick way out of trouble, and Aston Martin wants an F1-inspired moonshot … after […]

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Volkswagen Prepares its Pollution Penance http://www.thetruthaboutcars.com/2016/03/volkswagen-prepares-pollution-pennance/ http://www.thetruthaboutcars.com/2016/03/volkswagen-prepares-pollution-pennance/#comments Thu, 17 Mar 2016 19:30:48 +0000 http://www.thetruthaboutcars.com/?p=1306057 After its excessively dirty diesels polluted the nation’s air for years, Volkswagen is on the verge of making environmental reparations in the U.S. and state of California, Bloomberg reports. The automaker is reportedly in talks with U.S authorities to create two remediation funds aimed at offsetting some of the environmental (and possibly legal) damage resulting […]

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After its excessively dirty diesels polluted the nation’s air for years, Volkswagen is on the verge of making environmental reparations in the U.S. and state of California, Bloomberg reports. The automaker is reportedly in talks with U.S authorities to create two remediation funds aimed at offsetting some of the environmental (and possibly legal) damage resulting […]

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TTAC News Round-up: Millennials Love Ford, Silverado Sprouts Cameras, and Chrysler Finds a Stash http://www.thetruthaboutcars.com/2016/03/ttac-news-round-millennials-love-ford-silverado-sprouts-cameras-chrysler-finds-stash/ http://www.thetruthaboutcars.com/2016/03/ttac-news-round-millennials-love-ford-silverado-sprouts-cameras-chrysler-finds-stash/#comments Thu, 17 Mar 2016 15:30:13 +0000 http://www.thetruthaboutcars.com/?p=1305753 Millennials are buying Ford SUVs like it’s going out of style, no doubt dismaying the friends who like to lecture people about their lifestyle on Facebook. That, Chevrolet offers a voyeur package for its full-side pickup, Fiat Chrysler Automobiles grabs a stack of cash with both hands, Mercedes-Benz gives its midsize SUV the AMG treatment, […]

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Millennials are buying Ford SUVs like it’s going out of style, no doubt dismaying the friends who like to lecture people about their lifestyle on Facebook. That, Chevrolet offers a voyeur package for its full-side pickup, Fiat Chrysler Automobiles grabs a stack of cash with both hands, Mercedes-Benz gives its midsize SUV the AMG treatment, […]

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TTAC News Round-up: Kia Invades Russia, German Diesel Fix Delayed, and a Porsche Payout http://www.thetruthaboutcars.com/2016/03/ttac-news-round-kia-invades-russia-german-diesel-fix-delayed-porsche-payout/ http://www.thetruthaboutcars.com/2016/03/ttac-news-round-kia-invades-russia-german-diesel-fix-delayed-porsche-payout/#comments Wed, 16 Mar 2016 15:00:02 +0000 http://www.thetruthaboutcars.com/?p=1305209 The Russian car market is looking grimmer than the last days of the Romanov family, but that’s proving to be a big opportunity for Kia. That, a delay for Volkswagen’s overseas diesel fix, Porsche employees are rolling in dough, electric rallycross could be on the way, and FCA soars in Europe … after the break! […]

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The Russian car market is looking grimmer than the last days of the Romanov family, but that’s proving to be a big opportunity for Kia. That, a delay for Volkswagen’s overseas diesel fix, Porsche employees are rolling in dough, electric rallycross could be on the way, and FCA soars in Europe … after the break! […]

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Volkswagen Investors Want an Expensive Pound of Flesh http://www.thetruthaboutcars.com/2016/03/volkswagen-investors-want-expensive-pound-flesh/ http://www.thetruthaboutcars.com/2016/03/volkswagen-investors-want-expensive-pound-flesh/#comments Tue, 15 Mar 2016 17:00:09 +0000 http://www.thetruthaboutcars.com/?p=1304297 The numbers are big — 278 investors seeking $3.61 billion — but the latest lawsuit leveled at Volkswagen is merely another drop in the penalty bucket for the embattled automaker. As has been expected for some time, a group of institutional investors from numerous countries is seeking compensation for financial damage caused by Volkswagen’s diesel emissions scandal, Reuters is […]

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The numbers are big — 278 investors seeking $3.61 billion — but the latest lawsuit leveled at Volkswagen is merely another drop in the penalty bucket for the embattled automaker. As has been expected for some time, a group of institutional investors from numerous countries is seeking compensation for financial damage caused by Volkswagen’s diesel emissions scandal, Reuters is […]

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U.S. Volkswagen Dealers Are Poised to Revolt http://www.thetruthaboutcars.com/2016/03/u-s-volkswagen-dealers-are-poised-to-revolt/ http://www.thetruthaboutcars.com/2016/03/u-s-volkswagen-dealers-are-poised-to-revolt/#comments Sat, 12 Mar 2016 15:14:54 +0000 http://www.thetruthaboutcars.com/?p=1302537 Volkswagen has been on the ropes for months as regulators, governments and the buying public rain blows in the wake of the diesel emissions scandal, but its newest foe might come from the inside — its U.S. dealer network. American dealers are feeling abandoned by their distracted German parent and could be on the verge of […]

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Volkswagen has been on the ropes for months as regulators, governments and the buying public rain blows in the wake of the diesel emissions scandal, but its newest foe might come from the inside — its U.S. dealer network. American dealers are feeling abandoned by their distracted German parent and could be on the verge of […]

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