Four former VW employees go on trial in Dieselgate lawsuit REUTERS Four former employees of carmaker Volkswagen (VOWG_p.DE) went on trial on Thursday over the Dieselgate scandal in which illegal software was used to cheat emission tests. read more » U.S. asks 12 automakers for assistance in Tesla probe REUTERS
Trial of ex-Volkswagen CEO likely to be delayed again REUTERS The trial of former Volkswagen (VOWG_p.DE) Chief Executive Martin Winterkorn on charges of conspiracy to commit organised commercial fraud looks set to be delayed, a court probing the carmaker's diesel emissions scandal said on Wednesday. read more »
Big banks brace as British forex class action seeks go-ahead REUTERS A specialist London court will decide whether a long-awaited multi-billion pound class action against some of the world's biggest banks over alleged foreign exchange rigging can proceed, after a five-day hearing kicked off on Monday. read more » E.P.A. Approved Toxic Chemicals for Fracking a Decade Ago, New Files Show NEW YORK TIMES
Armed Forces Services Corporation Pays $4.3 Million to Resolve Anti-Kickback Act and False Claims Act Allegations DOJ
Biden to name Gary Gensler as U.S. SEC chair REUTERS Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden, said two sources familiar with the matter, an appointment likely to prompt concern among Wall Street firms of tougher regulation.
First there was Dieselgate, then there was Partneo, and now there is the suspicion of OEMs forming cartels to lower down their ambitions for green technology.
The Dieselgate scandal shook the industry, as it was revealed car manufacturers including Volkswagen were rigging emissions-testing software in their diesel vehicles to make them seem more environmentally friendly than they actually were.
The Chevrolet Colorado ZR2 is supposed to be a rough-and-tumble, body-on-frame, solid rear axle-having pickup that can handle off-road trails with ease. And yet, a number of trucks' airbags are deploying on mild off-road trails, leaving owners with major hassles. Here's what's going on.
Former Volkswagen boss Martin Winterkorn was slow to address emissions test cheating that led to huge U.S. fines, a judge hearing a damages case brought by investors against the German carmaker said on Tuesday.
German carmaker Volkswagen said only half of its VW branded passenger car models in Germany are compliant with a new pollution standard, thanks to a much tougher emissions testing regime.
Fiat Chrysler Automobiles N.V.FCAU is recalling approximately 209,000 units of sports utility vehicle (SUV) and minivan, globally, per AP. The recall is to fix a braking problem in the vehicles, which can make the vehicles take longer distances for stopping.
The Trump administration reopened the feasibility review for 2022-25 fuel economy standards in 2017 because it said the process conducted under President Barack Obama was rushed and politically motivated.
Swiss authorities have halted registrations of some new Mercedes-Benz Vito and Porsche Macan and Cayenne vehicles which had diesel engines that disguised emissions levels, the Astra roads agency said on Wednesday.
The European Commission has concrete information suggesting that automakers are cheating in a new emissions testing procedure. Only this time, they appear to be over-polluting, in order to make it easier for them to meet stricter limits on CO2 emissions in the future.
According to a media report, automaker Opel is being investigated for manipulating vehicle emissions on about 60,000 cars worldwide. It is the first time the company has been named since Dieselgate broke in 2015.