Volkswagen

Volkswagen AG has agreed to a $1 billion settlement

Automatic transmissions of certain Audi models shifted more rapidly and in a way that would lower CO2 emissions

German automaker’s total expense has now gone up to $16.7b

VW in September 2015 admitted using sophisticated secret software in its cars to cheat exhaust emissions tests

MoU has been signed between Volkswagen and Anhui Jianghuai Automobile explore the possibility of a joint venture

The car giant obtained court injunctions ordering the two suppliers to resume delivery

Francesco Lo Presti is cutting up pieces, to be minced and stuffed into sausage casings, then smoked and grilled

Mitsubishi sold over one million vehicles in its last fiscal year

European car sales soared by 13.7 percent, but Volkswagen trailed the pack with only a 4.1 per cent increase

As cheating scandal widens, company decides to cap expenditure

The move pulls Porsche and Audi deeper into the scandal that has already engulfed the corporate parent Volkswagen AG

Company says it would recall around 8.5 million diesel vehicles in Europe that contained such software

Norwegian ship-owner has disclosed it is seeking $50 million in compensation from marine unit of Volkswagen

German auto giant is facing accusations it installed software on millions of cars worldwide to cheat emissions tests

Mueller says most vehicles would only need minor adjustment in their engines but some would require major intervention

The suspension will remain until the emission issues are addressed in those vehicles

Company says customers with these vehicles will be kept informed over coming weeks and months

Company spokesman says number is part of 11 million vehicles worldwide that VW has said are affected by scandal

The EU’s 28 trade or industry ministers will broach the scandal during talks in Luxembourg on Thursday

Michel Sapin says we are in European market, with European rules that need to be respected

The scandal could lead to financial fines of up to $18 billion for VW, threatening the brand's image

The ruling came four years after the Japanese small car maker attempted to end an alliance with the German auto giant