The Volkswagen emissions scandal doesn't just affect the company itself. Car dealers and especially suppliers depend on the success of large automobile corporations. The southern German auto supplier Schaeffler Group is one of them.
A California judge also gave final approval to auto supplier Robert Bosch's settlement over its role in developing the engines. VW is to fix or buy back 80,000 vehicles, which could total up to US $4 billion in payouts.
The deal offers financial, as well as buy-back and trade-in, compensation for owners of some 78,000 Volkswagens affected by the Dieselgate scandal. The German carmaker has now settled most of its US consumer claims.
In a significant blow to Audi, the luxury car brand's head of technical development has quit after he was accused by German media of being involved in Volkswagen's diesel emissions cheating scandal.
Daimler shareholders have had little reason to criticize the carmaker's latest sales drive. But during their annual meeting in Berlin, they appeared worried about a Volkswagen-style emissions scandal.
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