Monday, May 22, 2017

Volkswagen

In this Oct. 13, 2015, file photo, a Volkswagen Touareg diesel is tested in the Environmental Protection Agency's cold temperature test facility in Ann Arbor, Michigan. (AP Photo/Carlos Osorio, File)

SAN FRANCISCO (AP) — U.S. and California regulators approved a fix for more Volkswagen cars caught up in the company’s emissions cheating scandal, giving their owners an option to keep the vehicles instead of having the automaker buy them back, ...
In this March 14, 2017 file photo Matthias Mueller, CEO of Volkswagen, looks up as he arrives for a press conference of the German Volkswagen company in Wolfsburg, Germany. (AP Photo/Michael Sohn, file)

BY David McHugh and David Rising BERLIN (AP) — Stuttgart prosecutors said Wednesday they’re investigating whether Volkswagen CEO Matthias Mueller and two others, including Mueller’s predecessor, manipulated markets by not releasing information about VW’s diesel cheating soon enough. The probe ...
Hans Dieter Poetsch, chairman of the board of directors of the Volkswagen AG, right, and Matthias Mueller, CEO of the Volkswagen AG, left, talk prior to the annual shareholders meeting in Hannover, Germany, Wednesday, May 10, 2017. (AP Photo/Michael Sohn)

FRANKFURT, Germany (AP) — Volkswagen’s board chairman has defended the decision not to publish results of the investigation it commissioned into its scandal over cars rigged to cheat on diesel emissions tests, saying it could expose the company to legal ...
In this Oct. 5, 2015, file photo, the VW sign of Germany's Volkswagen car company is displayed at the building of a company's retailer in Berlin. Volkswagen is scheduled to present its third quarter figures Thursday, Oct. 27, 2016. (AP Photo/Markus Schreiber, File)

FRANKFURT, Germany (AP) — German automaker Volkswagen is reporting better-than-expected operating earnings for the first quarter thanks to cost controls and a stronger contribution from its core brand, which was boosted by new models including the Tiguan SUV. The company ...
This Feb. 14, 2013, file photo, shows the logo on the grill of a Volkswagen on display in Pittsburgh. (AP Photo/Gene J. Puskar, File)

FRANKFURT, Germany (AP) — Former Volkswagen board chairman Ferdinand Piech has agreed to sell the bulk of his substantial indirect stake in the company to other members of the two controlling families. The agreement leaves Piech, 79, with only a ...
In this Sept. 21, 2015, file photo, a Volkswagen logo is seen on car offered for sale at New Century Volkswagen dealership in Glendale, California. (AP Photo/Damian Dovarganes, File)

BY TOM KRISHER and ED WHITE DETROIT (AP) — By cooperating with federal investigators and quickly agreeing to compensate car owners, Volkswagen likely will avoid a massive criminal fine for cheating on diesel emissions tests and trying to cover it ...
The CEO of Volkswagen Matthias Mueller gestures during a press conference held after the conclusion of the company's board of directors meeting in Wolfsburg, Germany, Friday, Feb. 24, 2017. (Swen Pf'rtner/dpa via AP)

BY FRANK JORDANS BERLIN (AP) — Volkswagen bounced back into the black in 2016 after suffering a loss the previous year due to the diesel emissions scandal, according to figures released by the German automaker Friday. The company reported a ...
In this Sept. 21, 2015, file photo, a Volkswagen logo is seen on car offered for sale at New Century Volkswagen dealership in Glendale, California. (AP Photo/Damian Dovarganes, File)

BY DAVID McHUGH FRANKFURT, Germany (AP) — Volkswagen has agreed to pay at least $1.2 billion in buybacks and compensation to settle claims from U.S. owners of cars with larger diesel engines that the company rigged to cheat on emissions ...
Visitors check a Toyota Land Cruiser at a Toyota showroom in Tokyo, Monday, Jan. 30, 2017. (AP Photo/Shizuo Kambayashi)

BY YURI KAGEYAMA TOKYO (AP) — Toyota has relinquished the title of the world’s biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen’s 10.31 million. General Motors reports its tally next week. If ...
In this Sept. 21, 2015, file photo, a Volkswagen logo is seen on car offered for sale at New Century Volkswagen dealership in Glendale, California. (AP Photo/Damian Dovarganes, File)

BY FRANK JORDANS and DAVID McHUGH BERLIN (AP) — Prosecutors in Germany said Friday they are expanding their probe into Volkswagen’s scandal over diesel cars that cheated on emissions tests, increasing the number of suspects and saying they have evidence ...
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