#diesel

More autonomy is coming to North American Volkswagen operations, thanks in part to dealer protests calling for exactly that.

Today, Volkswagen established a new North American Region (NAR) encompassing Canada, the U.S. and Mexico, headed by no-longer-interim Volkswagen Group of America president and CEO Hinrich J. Woebcken (who replaced departing CEO Michael Horn in March).

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 after workers unions and the state of Lower Saxony (Volkswagen’s home and its second-largest shareholder) protested the idea of senior management receiving full compensation while the diesel emissions scandal continues to rage.

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 to Reuters (via Automotive News).

The suit alleges the device must be the cause of laboratory emissions test results that show higher nitrogen oxide emissions than during real-world tests.

Volkswagen dealers in the U.S. will get more vehicles to sell this year and next, but there’s still no word on possible reparations or when to expect a diesel emissions fix.

At a meeting with dealers at the National Auto Dealers Association convention on Saturday, Volkswagen brand chief Herbert Diess promised to “redefine” the brand and boost shipments of popular models, Automotive News has reported.

The meeting aimed to calm the fears of increasingly frustrated dealers while providing some certainty about product strategy. Despite promising to carry on with the strategy favored by departed Volkswagen of America CEO Michael Horn, Diess’ reassurances didn’t win over everyone.

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 meet with top Volkswagen brass, Automotive News has reported.

The move is designed to head off a potential slew of lawsuits from U.S. dealers seeking reparations for sunk costs and lost revenue stemming from the automaker’s expansion push and subsequent diesel emissions scandal.

Stephen writes:

Hi Sajeev,

I’ve toyed with the idea of turbocharging a 2.sl0w just for giggles and TORQUE, but the quest has to make some sense economically, or else the finance minister will not approve. Then it hit me: just how LOW in price have those older dirty diesels gone, anyway? You know, the ones with that lovely 236 pounds-feet of torque.

In other words, can I just get the torque without the spending abyss and busting my knuckles? Small data-set wise, four-cylinder manual Jettas with 64,000 miles average a diesel premium of only $675. At that consideration point, say 2010-ish Jetta, there is no economy for the project and I could jump right into the lovely torque.

So my question to you, on behalf of Torque Lovers Everywhere: is it time to pounce on diesel?

It wasn’t so clean, was it?

The Federal Trade Commission filed suit against Volkswagen on March 29, claiming the automaker’s “Clean Diesel” ad campaign was a deception that tricked buyers into purchasing its supposedly eco-friendly vehicles.

By filing the complaint against Volkswagen, the FTC (which can’t levy fines) would be able to seek compensation for buyers via a federal court order.

Ford is doing so well, you’d be a damn fool to ever think of not investing in Ford, says Ford.

That, hiring a crop of cranky old people paid off for Dodge, Kentucky joins the let’s-sue-Volkswagen party, Honda gets a Hoosier boost, and ethanol continues to suck … after the break!

Volkswagen dealers in the U.S. want to be compensated for financial losses stemming from the diesel emissions scandal, and if the results of a recent meeting with company brass is any indication, the demands will soon grow louder.

Alan Brown, chairman of Volkswagen’s U.S. dealer council, led a small delegation of dealers to Germany last week to talk reparations and get a firm grip on the company’s strategy, Automotive News reports.

The size of the settlement they were seeking is unknown, but the meeting with global brand chief Herbert Diess and new Volkswagen Group of America head Hinrich Woebcken didn’t yield any plan to compensate dealers.

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 the break!

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 from the diesel emissions scandal.

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 reporting.

The lawsuit was filed Monday in a Lower Saxony court — the same jurisdiction as Volkswagen’s headquarters — and alleges the automaker breached its duty under capital markets law between the time the “defeat device” was first installed in diesel models and when the scandal went public last September.

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 open revolt, Automotive News reports.

Subaru, worried that it might be losing its coolness, could be planning to rebel against its new-found mainstream image.

That, Big Battery picks up steam, Tesla’s stock turbulence continues to amaze, NASCAR wants Millennials to watch a race, and Porsche thanks its lucky stars for SUVs … after the break!

Like ripples in a pool of sulphur-rich oil, the impact from Volkswagen’s diesel emissions scandal keeps spreading.

In a cost-cutting measure designed to mitigate the growing financial damage caused by the scandal, Volkswagen is planning to cut 3,000 administration jobs in Germany, according to Reuters.