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Volkswagen crisis

Sources: Volkswagen Board Considering Steps To Prop Up Credit Rating

Volkswagen’s supervisory board is considering steps to prop up the carmaker’s credit rating amid a scandal over its rigging of emissions tests that affects 11 million of its vehicles, two sources close to the board said. The board is considering

The Associated Press

The Pope, Climate Change, and VW

While Pope Francis shuttled around during his historic visit to the U.S. in a Fiat, he shared the news cycle with Volkswagen.

The Associated Press

How California Non-Profit Busted Volkswagen on Emissions

A California-based non-profit, the International Council on Clean Transportation (ICCT), is being credited for busting Volkswagen for installing special software on vehicles to cheat diesel emissions tests.

The Associated Press

Volkswagen Could Pose Bigger Threat To German Economy Than Greek Crisis

BERLIN, Germany – The Volkswagen emissions scandal has rocked Germany’s business and political establishment and analysts warn the crisis at the car maker could develop into the biggest threat to Europe’s largest economy. Volkswagen is the biggest of Germany’s car

The Associated Press

Volkswagen Boss Quits Over Diesel Scandal: U.S. Plans Criminal Probe

Volkswagen CEO Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker’s rigging of U.S. emissions tests in the biggest scandal in its 78-year history. “Volkswagen needs a fresh start – also in terms of personnel. I am clearing

The Associated Press

Volkswagen CEO’s Days Appear Numbered As Emissions Crisis Deepens

Martin Winterkorn’s days as head of Volkswagen AG appeared numbered on Tuesday after the German carmaker said a scandal over falsified vehicle emission tests in the United States could affect 11 million of its cars worldwide. The Tagesspiegel newspaper, citing

German car maker Volkswagen is pictured on a Golf model at the 66th IAA auto show in Frankfurt am Main, western Germany, on September 22, 2015. German auto giant Volkswagen revealed that 11 million of its diesel cars worldwide are equipped with devices that can cheat pollution tests, a dramatic …