The first major case against Volkswagen in Germany about its cheating about diesel emissions goes to court today. The question is: should the auto giant should have informed investors sooner? If the plaintiffs win, many more such cases may follow.
The first major court case against Volkswagen in Germany over its cheating in emissions tests involving millions of diesel cars begins Monday. It will examine whether the auto giant should have informed investors sooner.
German carmaker Volkswagen has lost a legal challenge to prevent prosecutors from examining unpublished documents about its pollution scandal. The files in question had been seized from a US law firm.
Public prosecutors have ordered the auto giant to pay for falsifying their vehicles' emissions test results. VW has said it "accepts responsibility" and will pay the fine without contesting it.
German auto supplier Bosch has been named in the lawsuit filed against GM in Detroit on claims its diesel pickup models used emissions-cheating devices. Bosch is "defending its interests."
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