Find News by Subject:
How much can we chop away while keeping the body alive?
The U.S. Justice Department’s plans for Volkswagen’s criminal fine is like a horror movie, only with corporate finances playing the role of a writhing human subject.
According to two sources close to the negotiations, the DOJ wants to extract as much monetary lifeblood from the automaker as possible, while keeping the company afloat, Bloomberg reports. Read More >
After German media reported his suspension last week, Audi announced today technical development boss Stefan Knirsch is stepping down and leaving the automaker.
The executive, who sat on Audi’s management board, found himself caught up in the investigation surrounding Volkswagen’s diesel emissions scandal. Meanwhile, a German newspaper claims that newly discovered documents show ex-Volkswagen CEO Martin Winterkorn mislead U.S. authorities before the scandal broke. Read More >
Despite witnesses claiming Audi CEO Rupert Stadler was involved in the Volkswagen emissions scandal, the law firm investigating the company has reportedly found no evidence to support the claim.
According to company sources, U.S. law firm Jones Day found nothing that suggests the company chairman had any prior knowledge of the brand’s rigged diesel engines, Reuters reports. Read More >
After its two-year-long bid to gain a sales foothold in Michigan hit a brick wall, Tesla has filed a lawsuit against the state.
The suit, filed in a U.S. District Court in Michigan, targets governor Rick Snyder and other top officials, Reuters reports. Read More >
With so many class action lawsuits leveled against Fiat Chrysler Automobiles over their troublesome Monostable shift lever, coordinating all of them has become a problem.
According to The National Law Journal, the U.S. Judicial Panel on Multidistrict Litigation will meet on September 29 to figure out how to juggle all of the lawsuits. Just in the past week, FCA has been hit with two more suits from people claiming they were injured while trying to stop their vehicles from rolling away. Read More >
Electric-vehicle buyers in Norway enjoy hefty perks, from tax exemptions to free parking, but not everything is rosy in the world’s EV-friendliest country.
A group of 125 Norwegians has sued American automaker Tesla, alleging that the company’s Model S P85D with “Insane Mode” is simply not fast enough, Bloomberg reports. Read More >
It’s not the podium an automaker wants to find itself on top of.
After marking the first anniversary of its emissions debacle, former “clean diesel” builder Volkswagen finds itself staring down the barrel of $9.15 billion in investor lawsuits, the Wall Street Journal reports.
When it comes to being sued by investors, no German company can match Volkswagen’s performance. Read More >
Who knew what, and when? That’s what investigators at U.S. law firm Jones Day plan to find out when it puts Audi chief Rupert Stadler on the hot seat in its investigation of the Volkswagen diesel scandal.
According to a report in Germany’s Der Spiegel, witnesses at the company claim Stadler knew about the diesel deception as early as 2010, Bloomberg reports.
The news comes as another German publication reports the suspension of Audi technical development boss Stefan Knirsch. Read More >
The federal government doesn’t want to leave the issue of autonomous vehicle safety for states to decide, and may create new powers of oversight and approval for autonomous technology.
After president Barack Obama laid out his goals for the industry in a Pittsburgh Post-Gazette op-ed yesterday, the National Highway Traffic Safety Administration issued a set of voluntary guidelines to manufacturers today, asking them to prove their vehicles are safe before entering public roadways. Read More >
An Erie, Pennsylvania Buick-GMC dealer, its owner and general manager, and another man were indicted this week for wire fraud over a bogus loan application scheme.
A U.S. District Court handed down the indictment on Tuesday, Automotive News reports, with court documents alleging the three men submitted fake car loan applications through “straw individuals.” Read More >