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.
The automaker has criticized the ruling, saying car owners "have suffered neither losses nor damages." But the court's judges said VW acted "immorally" by installing emissions-cheating software on millions of vehicles.
Volkswagen brand Porsche has been ordered by a regional German court to pay €47 million in damages for its role in the VW Group's emission-cheating scandal. Executives look likely to appeal the verdict.
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."
© 2018 Deutsche Welle |
Legal notice |
| Mobile version