VW CEO says “growing protectionism also poses major challenges for the globally integrated automotive industry.”
US District Judge refuses to release Oliver Schmidt on bond from a Michigan jail, saying he might flee.
Environmental regulators say some of the vehicles emitted up to 40 times the allowed levels of nitrous oxides.
Automaker says disclosing further results of the probe would expose it to “unacceptable legal risks.”
Company has agreed to plead guilty to criminal charges and pay $4.3 billion in penalties.
The automaker has reached a $15 billion civil settlement with environmental authorities and car owners in the US.
James Robert Liang of Newberry Park, Californi entered the plea in Detroit to one count of conspiracy to defraud the government.
Preliminary approval would allow vehicle owners to be notified of terms
Prosecutor says the ex-CEO wasn’t quick enough to inform investors of the automaker’s emissions cheating scandal.
Frank Tuch will be replaced by the automaker’s current head of technical development.
US sales were down 15.3% to 45,300 units.
Automaker blames stop-sale orders for diesel-powered vehicles.
Gift cards and vouchers for those stuck in the cheating scandal
Tells Tokyo auto show Volkswagen promises it won’t happen again.
Winterkorn takes responsibility for “irregularities” found by US inspectors in VW’s diesel engines.