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US judge approves $14.7 billion settlement over VW diesel vehicles

US judge approves $14.7 billion settlement over VW diesel vehicles

A US federal judge on Tuesday approved Volkswagen AG's record-setting $14.7 billion settlement with regulators and owners of 475,000 polluting diesel vehicles.
Tue Oct 25 2016
VW chief apologizes over emissions scandal on first US trip

VW chief apologizes over emissions scandal on first US trip

Volkswagen chief executive Matthias Mueller on Sunday apologized for cheating diesel car emissions tests on his first official US visit since the scandal broke in September.
Mon Jan 11 2016
Volkswagen likely to buy back 115,000 cars in US: German report

Volkswagen likely to buy back 115,000 cars in US: German report

German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the United States as a result of the emissions scandal, a newspaper reported on Thursday.
Thu Jan 07 2016
Bitcoin won in 2015, but Apple has lost big

Bitcoin won in 2015, but Apple has lost big

This year has been awash with financial and business intrigue and excitement. Here are the awards for the most fascinating stories of 2015.
Wed Dec 30 2015
VW ready to sell assets should loan repayment falter: sources

VW ready to sell assets should loan repayment falter: sources

Volkswagen has told banks supplying a 20 billion euro credit line that it would sell assets if it finds no other way of repaying the one-year loan.
Fri Dec 04 2015
Volkswagen faces pressure in U.S. to buy back older diesel cars

Volkswagen faces pressure in U.S. to buy back older diesel cars

Volkswagen faced more pressure on Thursday from officials in Washington and California to buy back older diesel cars.
Fri Nov 20 2015
Volkswagen sales down 3.0 percent in France after scandal

Volkswagen sales down 3.0 percent in France after scandal

Volkswagen saw sales drop 3.0 percent in France last month, figures showed Monday, as it continued to deal with the impact of revelations that it cheated on emissions tests.
Mon Nov 02 2015
At least 30 involved in VW diesel cheat: Spiegel

At least 30 involved in VW diesel cheat: Spiegel

Several software engineers were blamed for installing the software that defeated emissions tests.
Wed Oct 14 2015
Used-car shoppers haven't stopped buying Volkswagen's dirty diesels

Used-car shoppers haven't stopped buying Volkswagen's dirty diesels

The average price of the affected cars has only dipped by .06 percent since the scandal broke.CarGurus reported.
Mon Oct 12 2015
Fear and respect: VW's culture under Winterkorn

Fear and respect: VW's culture under Winterkorn

Former VW executives interviewed describe a management style under Martin Winterkorn that fostered a climate of fear, an authoritarianism that went unchecked partly due to company structure.
Sun Oct 11 2015
VW has no evidence against suspended top engineers: source

VW has no evidence against suspended top engineers: source

Volkswagen has not found any evidence against three top engineers suspended as part of its internal investigation into the rigging of US emissions tests, a source said.
Tue Oct 06 2015
Volkswagen to hold extraordinary board meeting on Wednesday: sources

Volkswagen to hold extraordinary board meeting on Wednesday: sources

Volkswagen's supervisory board will hold an extraordinary meeting on Wednesday at which Hans Dieter Poetsch is expected to be appointed as new head of the 20-member controlling panel.
Mon Oct 05 2015
US lawmakers seek documents from Volkswagen, EPA

US lawmakers seek documents from Volkswagen, EPA

US lawmakers on Tuesday asked Volkswagen AG to turn over documents related to the company's diesel emissions scandal.
Wed Sep 30 2015
Volkswagen to refit cars affected by emissions scandal

Volkswagen to refit cars affected by emissions scandal

Volkswagen said on Tuesday it will repair up to 11 million vehicles and overhaul its namesake brand following the scandal over its rigging of emissions tests.
Wed Sep 30 2015
VW ex-boss Martin Winterkorn investigated over fraud allegations

VW ex-boss Martin Winterkorn investigated over fraud allegations

Volkswagen has admitted cheating diesel emissions tests in the United States but Germany's transport minister says it also manipulated tests in Europe, where it has much bigger sales.
Tue Sep 29 2015
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024