Sources: Bloomberg
The U.S. Environmental Protection Agency (EPA) and California's CARB are widening the Volkswagen investigation into several more expensive VW, Porsche, and Audi automobiles with 3.0-liter diesel engines in model years 2014 through 2016. Volkswagen says it installed no defeat device software on its 3.0 litre V6 diesel cars and is cooperating with the agency to fully investigate the matter. 2015-11-2
Martin Winterkorn resigns as the CEO of Volkswagen as a result of an emissions cheating scandal. 2015-09-23
Volkswagen says that 11 million vehicles could have suspect emission control software and it has set aside 6.5 billion euros ($7.2 billion US dollars) for possible fines, repairs, and litigation. 2015-09-22
Volkswagen halts sales of its 4-cylinder diesel vehicles in the United States following a U.S. Environmental Protection Agency citation that their cars violated U.S. emissions standards. 2015-09-20
The U.S. Environmental Protection Agency orders Volkswagen to fix nearly 500,000 VW and Audi diesel cars from model years 2009-2015 that include software that circumvents EPA emissions standards. The company's illegal use of so-called "defeat devices" threaten public health, in some cases releasing 40 times the pollution standard of nitrogen oxide emissions. The company faces possible U.S. fines of up to $37,500 per vehicle for the violations which could total more than $18 billion. 2015-09-18
Volkswagen's luxury brands Porsche, Audi and Bentley have each posted record sales for 2013. 2014-01-10