Volkswagen : Readmitted to UN Global Compact After Emissions Scandal Ousting

MARKET SCREENER

German auto giant Volkswagen AG said Thursday that it has been reinstated as a participant in the United Nations Global Compact, joining more than 10,000 companies pledged to a set of guidelines on anti corruption, human rights, labor rights and the environment. read more »

Hyundai's recall of 82,000 electric cars is one of the most expensive in history.

CNN

Hyundai will recall 82,000 electric cars globally to replace their batteries after 15 reports of fires involving the vehicles. Despite the relatively small number of cars involved, Hyundai's recall is one of the most expensive in history, signaling how electric car defects could create hefty costs for automakers — at least in the near future. read more »