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Volkswagen Pays $4.3 Billion to Settle Diesel Emissions Scandal
5 monthes ago - By ABC News
The company will also plead guilty to three felonies.
Read more ...Guilty VW to pay record $4.3bn over emissions scandal
5 monthes ago - By Al Jazeera
Penalty is largest ever levied by the US government against an automaker as Volkswagen admits guilt to three charges.
Read more ...VW Agrees to $4.3B Criminal Settlement in Diesel Scandal
5 monthes ago - By NBC News
Volkswagen will pay a $4.3B penalty for diesel emissions rigging, said the U.S. Justice Department and several other federal agencies on Wednesday.
Read more ...VW pleads guilty in emissions scandal; 6 employees indicted
5 monthes ago - By ABC
Six high-level Volkswagen employees have been indicted by a grand jury in the company's emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty.
Read more ...VW sets $4.3 billion deal over emissions scandal as executives indicted
5 monthes ago - By Politico
Volkswagen will pay $4.3 billion and plead guilty to three felony charges arising from its 2015 emissions cheating scandal, capping off one of the biggest federal corporate settlements in U.S. history - while six of the automaker's executives will face criminal charges. The fine, on top of previous settlements adding up to $17.5 billion, brings the federal criminal investigation of VW to a close - although Attorney General Loretta Lynch said Wednesday that more individual indictments are possible. VW “obfuscated, denied and ultimately lied” about what amounted to an “egregious violation”...
Read more ...Volkswagen To Plead Guilty, Pay $4.3 Billion In Emissions Scheme Settlement
5 monthes ago - By NPR
The Justice Department also announced the indictments of six VW executives. Volkswagen has admitted equipping diesel vehicles with software to cheat emissions tests and then lying to regulators.
Read more ...VW pleads guilty, agrees to pay $4.3 billion to settle U.S. case; 5 more charged
5 monthes ago - By The Morning Call
Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal and civil charges as the U.S. announced charges against five new individuals. As part of its settlement,...
Read more ...VW admits to emissions cheating and will pay $4.3 billion in fines
5 monthes ago - By Review Journal
Volkswagen is pleading guilty to three criminal charges and will pay $4.3 billion to the U.S. government for cheating on emissions tests and destroying evidence in an elaborate cover-up.
Read more ...Volkswagen agrees to pay $4.3 billion fine, plead guilty in settlement that reveals depth of the emissions deception
5 monthes ago - By National Post
The deal details a scheme in which the automaker deceived regulators and customers and destroyed thousands of documents, even after the scandal broke in 2015
Read more ...VW pleads guilty, agrees to pay $4.3 billion to settle U.S. case; 5 more charged
5 monthes ago - By Chicago Tribune
Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal and civil charges as the U.S. announced charges against five new individuals. As part of its settlement,...
Read more ...VW pleads guilty in emissions scandal; 6 employees indicted
5 monthes ago - By News OK
WASHINGTON - Six high-level Volkswagen employees have been indicted by a grand jury in the company's emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty.
In announcing the federal indictments and plea deal Wednesday in Washington, the Justice Department detailed an elaborate and wide-ranging scheme to commit fraud and then cover it up.
Read more ...Volkswagen Pleads Guilty to Criminal Charges in Emissions Scandal
5 monthes ago - By Time
Volkswagen is pleading guilty to three criminal charges and will pay $4.3 billion to the U.S. government for cheating on emissions tests and destroying evidence in an elaborate cover-up.
The penalty is the largest against an automaker in U.S. history.
The government also said a grand jury has returned an indictment against six VW executives and employees for their roles in the scheme.
The deal announced Wednesday also requires VW to cooperate in an ongoing probe that could lead to the arrest of more employees.
Government documents accuse six VW supervisors of lying to environmental...
Read more ...Volkswagen Agrees To Pay $4.3B To Resolve U.S. Emissions Troubles
5 monthes ago - By The Huffington Post
Volkswagen has agreed with the U.S. government to pay $4.3 billion in fines and penalties to resolve its diesel emissions troubles, it said in a statement on Wednesday.
As part of the settlement, Volkswagen has agreed to plead guilty to three felony counts under U.S. law: conspiracy to defraud the United States, commit wire fraud and violate the Clean Air Act; obstruction of justice; and entry of goods into the United States by false statement.
“Volkswagen specifically denies any liability and expressly disputes these claims, which it is settling to avoid the uncertainty and expense of...
Read more ...VW Pleads Guilty in Emissions Scandal; 6 Employees Indicted
5 monthes ago - By ABC News
Six high-level Volkswagen employees have been indicted by a grand jury in the company's diesel emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty
Read more ...Volkswagen pleads guilty to 3 charges, will pay $4.3 billion penalty for emissions cheating and wide-ranging cover-up
5 monthes ago - By The Seattle Times
WASHINGTON - Volkswagen pleads guilty to 3 charges, will pay $4.3 billion penalty for emissions cheating and wide-ranging cover-up.
Read more ...
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