Volkswagen says it is doing everything it can to identify the masterminds behind the emissions scam. At the company’s annual news conference, chief executive Matthias Müller said 2016 will be “very challenging.”
German carmaker Volkswagen has announced it will boost investments in the development of electric cars in the next five years. The company has set out to become a global leader in e-mobility and new-energy vehicles.
VW's emissions scam has stained the firm's reputation and even undercut Germany’s well-cultivated image as a bastion of excellence, precision and environmentalism. One of those behind the scandal is set to be sentenced.
A Volkswagen (VW) manager, currently jailed in connection with the German automaker's emissions scandal in the United States, has pleaded guilty in a Detroit courtroom, hoping for lesser punishment.
In the wake of its diesel emissions scandal, Volkswagen has replaced half of the supervisory board at its Audi subsidiary, with CEO Rupert Stadler remaining firmly at the helm of the premium carmaker.
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