Volkswagen demand over a billion dollars from ex-CEO in Dieselgate scandal

Volkswagen

In Germany, Volkswagen is seeking around $1.2 billion from ex-CEO Martin Winterkorn for his actions in the Dieselgate scandal. If awarded, this sum would be the highest claim ever for damages against a CEO in Germany, according to the Sueddeutsche Zeitung newspaper. Volkswagen announced earlier this year that it would be demanding compensation from Martin […]

Former Volkswagen CEO to stand trial over emissions scandal

A German court has ruled that the former CEO of Volkswagen will have to stand trial as part of the Dieselgate emissions scandal.  Martin Winterkorn resigned from his post five years ago, after a notice of violation from the US Environmental Protection Agency brought to light years of VW emissions cheating.  What are the charges […]

Volkswagen reach settlement agreement in USA

A record breaking settlement decision has been reached in the Volkswagen ‘dieselgate’ scandal in the USA after VW allegedly fitted ‘defeat devices’ in its vehicles. A final figure of $14.7 billion was approved by US District Court Judge Charles Breyer on 25 October 2016. The money is the largest settlement sum in US history and […]