Sentences with phrase «diesel emission scandals»

The auto company posted a loss of 1.59 billion euros in the wake of its diesel emissions scandal.
FRANKFURT, Germany — Volkswagen's new CEO, Herbert Diess, has vowed to build a more ethical culture after the company's diesel emissions scandal and outlined a new structure aimed at streamlining decision - making at the sprawling company.
FRANKFURT, Germany (AP)-- Volkswagen's new CEO, Herbert Diess, has vowed to build a more ethical culture after the company's diesel emissions scandal and outlined a new structure aimed at streamlining decision - making at the sprawling company.
Europe's biggest motor manufacturer is battling a wider diesel emissions scandal affecting up to 11 million cars.
The diesel emissions scandal also fueled the ongoing debate about banning diesel cars in Germany.
The diesel emissions scandal has hit VW hard, but executives for the company's Audi brand believe they can ride out the storm.
The diesel emissions scandal has already cost Volkswagen 25 billion euros, and no end is in sight.
While rocked by a diesel emissions scandal, the carmaker is reportedly building its own car battery factory to strengthen its presence and sales in the electric car market.
The newly appointed CEO of Volkswagen attempted to move the company on from the «difficult and painful watershed» of diesel emissions scandal by...
Perhaps this is a consequence of the diesel emissions scandals or the sky high market valuation attributed to US electric vehicle manufacturer Tesla.
That's a great shame, but perhaps not unexpected - for one, Volkswagen's diesel emissions scandal has meant significant belt - tightening and it's cheaper to spin off new versions of existing models - like Clubsport Golfs - than it is to develop an entirely new car, even on a modular platform like the MQB setup underpinning many of the Group's current models.
Volkswagen will likely use the concept car's debut at CES to reveal its future plans for electric and plug - in hybrid vehicles as it seeks to distance itself from the specter of its diesel emissions scandal.
Despite all of the craziness going on at Volkswagen surrounding its ugly diesel emissions scandal, the company is still selling cars.
Volkswagen may be facing a new set of troubles related to its diesel emissions scandal.
Despite controversies like the diesel emissions scandal, Audi performed well in 2015 and delivered 1.8 million vehicles and made $ 4.8 billion, which is equivalent to $ 5.4 billion.
The car was also expected to offer two turbodiesel engines, though it remains to be seen whether Volkswagen's diesel emissions scandal has affected those plans.
The company desperately needs some buzz to try to regain momentum after the disastrous diesel emissions scandal upended both its product plans and consumer confidence around the world.
Three other high - ranking Volkswagen executives will be fired in the wake of the company's diesel emissions scandal, according to Reuters.
This new model, along with plenty of other plug - in hybrid models, is part of Audi's strategy to pump up its electrified portfolio to target Tesla, a goal made even more important now by the company's desire to distance itself from the diesel emissions scandal.
Recently, the publication stripped the Jetta and A3 TDI from their 2008 and 2010 wins, respectively, following Volkswagen «s ongoing diesel emissions scandal.
DIESELS STILL SELLING STRONG IN EUROPE Volkswagen's diesel emission scandal has not affected sales of diesel engines in the European market, according to a spokesman from the VDA, the German Automotive Industry Association.
Audi's WEC withdrawal is said to be a result of cost cutting following Volkswagen's increasingly expensive diesel emissions scandal.
VW Group's Skoda unit is considering whether to sell cars in the U.S. where its parent is mired in a diesel emissions scandal.
US authorities earlier this month issued an arrest warrant against Volkswagen's former chief executive, Martin Winterkorn, after indicting him on four felony charges in the diesel emissions scandal.
They're still dealing with the fallout from the diesel emission scandal.
This engine comes at a good time for VW, which now has another solid gas engine to promote while it deals with the fallout of its diesel emissions scandal.
In light of the Volkswagen diesel emission scandal, environmental groups and regulators aren't too pleased with automakers using this loophole.
The diesel emission scandal has caused Audi to change up their development cycle.
-- February 2016 YTD Sales: down 16.2 % to 2,164 — Without the option to sell previously popular TDI diesel models, Volkswagen Golf sales inevitably decreased following the diesel emissions scandal eruption last September.
If the ongoing VW diesel emissions scandal has encouraged you to think that your next car should be a petrol model, the more sensible 248bhp 2.0 - litre turbo returns 47.9 mpg and emits 136g / km of CO2.
The 2.0 L TDI four - cylinder is currently on probation due to the diesel emission scandal.
The dark cloud of the diesel emission scandal still lingers over Volkswagen.
In the wake of the Volkswagen diesel emissions scandal, the TDI engine is on hold for now.
Volkswagen has hired Kirkland & Ellis to work on the diesel emissions scandal that has seen its chief executive resign
Solicitors Harcus Sinclair and Slater and Gordon are leading the group litigation against Volkswagen following the diesel emissions scandal which has affected 1.2 million Volkswagen, Audi, Seat, and Skoda vehicles in the UK.
Volkswagen has instructed Kirkland & Ellis to work on the diesel emissions scandal that has engulfed the company and has already claimed the scalp of its chief executive.
Finsbury previously represented Volkswagen AG during its diesel emissions scandal.

Not exact matches

After the car companies met with the government at the start of this month, the CEOs of Volkswagen, Daimler and BMW conceded responsibility for the diesel scandal and promised to pay for software upgrades to reduce emissions from affected vehicles.
The Volkswagen emissions - cheating scandal has killed off diesel as an option for US consumers who aren't in the market for a big pickup truck.
The embattled chief executive has announced he will resign following the scandal surrounding the emissions of its diesel cars.
Platinum is used in autocatalysts, mainly for diesel cars, where demand has been sliding after the Volkswagen emissions scandal.
Mueller, 64, took over suddenly in 2015 when predecessor Martin Winterkorn fell victim to the company's scandal over cars rigged to cheat on diesel emissions tests.
Martin Winterkorn, the embattled chief executive of Volkswagen, has announced that he is to resign following the scandal surrounding the emissions of its diesel cars.
When news broke in 2015 of Volkswagen's massive diesel emissions - cheating scandal, Hagens Berman was the first firm in the nation to file suit against the automaker for its egregious fraud, going on to represent thousands of owners in litigation and take a leading role on the Plaintiffs» Steering Committee that would finalize a $ 14.7 billion, record - breaking settlement for owners.
Hans Dieter Poetsch was CFO when scandal broke over cars rigged to cheat on U.S. diesel emissions tests
A federal grand jury in Detroit has indicted former Volkswagen CEO Martin Winterkorn on charges stemming from the company's diesel emissions cheating scandal.
The scandal surrounding VW has thrust nitric oxide (NOx) emissions from diesel vehicles into the limelight.
But perhaps even more problematic, Volkswagen went on record claiming that the emissions scandal affected both diesel vehicles also gas - powered models.
With the Golf TDI no longer in the running given VW's emissions scandal, the diesel Cruze has a good chance to steal some customers and market share that are up for grabs.
The Government estimates that nitrogen oxide emissions (bought sharply into focus by VW's diesel scandal) and poor air quality in general cost the economy # 2.7 billion in lost productivity each year, calling it «the largest risk to public health in the UK».
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