Volkswagen reaches settlement agreements with private plaintiffs and U.S. Federal Trade Commission on 3.0L TDI V6 vehicles in the United States
Volkswagen AG and Volkswagen Group of America, Inc. (together, Volkswagen) announced today that they have reached proposed agreements to resolve outstanding civil claims regarding approximately 78,000 affected 3.0L TDI V6 diesel engine vehicles in the United States.
Two agreements have been submitted to the Court for approval: (1) a proposed class settlement with private plaintiffs represented by a Court-appointed Plaintiffs' Steering Committee (PSC) on behalf of a nationwide class of current and certain former owners and lessees of eligible 3.0L TDI V6 vehicles; and (2) a proposed Consent Order submitted by the U.S. Federal Trade Commission (FTC).
Volkswagen reaches settlements with U.S. government
12/01/2017Volkswagen AG has agreed with the U.S. government to resolve criminal and federal environmental and other civil claims against the company relating to the diesel matter. As part of the resolution, Volkswagen has agreed to pay penalties and fines totaling $4.3 billion and to a series of measures to further strengthen its compliance and control systems, including the appointment of an independent monitor for a period of three years.
Volkswagen Group delivers 10.3 million vehicles in 2016
10/01/2017The Volkswagen Group delivered 10.3 million vehicles to customers worldwide last year, a rise of 3.8 percent compared with the prior-year figure. Deliveries in December rose by 11.8 percent to 933,300 vehicles.
From the gaming industry and top-level research: More than 1,000 international IT experts are to join Volkswagen
28/12/2016The Volkswagen Group is reinforcing its team with highly qualified IT specialists and strongly expanding its know-how in the fields of artificial intelligence, big data, virtual reality, smart production and connectivity. For these tasks, Volkswagen is increasingly recruiting highly qualified lateral entrants from a variety of high-tech sectors, the gaming industry and top-level research. In the next three years alone, the Group will be securing the services of more than 1,000 IT experts.
Volkswagen Group receives all approvals from German Federal Motor Transport Authority (KBA) for modifications of TDI engines
21/12/2016All necessary official approvals within the remit of the German Federal Motor Transport Authority (KBA) have now been issued for the modification of diesel vehicles with type EA189 engines.
Volkswagen Group Italia: action plan for Diesel EU5 Type EA189 engines
07/10/2015The web-process which allows the Customers to check whether their vehicle will be involved in the service action to correct the nitrogen oxides (NOx) emissions characteristics on EU5 Type EA 189 Diesel engines or not, has been released.
Matthias Müller appointed CEO of the Volkswagen Group
25/09/2015Volkswagen Group Matthias Müller appointed CEO of the Volkswagen Group Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect.