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  • Newswire

    CORRECTED-Volkswagen says 120,000 U.S. diesel owners will get gift cards, repairs  

    (Corrects headline to 120,000 from 120,00) Nov 18 (Reuters) - Volkswagen of America said on Wednesday that 120,000 owners of diesel cars that have violated U.S. emission standards will receive $500 gift cards and $500 toward vehicle repairs. Last week, Volkswagen said it was offering a $500 prepaid Visa gift card, a separate card good for $500 toward services at a VW dealerships and free 24-hour roadside assistance for three years. In total, that could mean at least $120 million in benefits to the participating owners....More
  • Newswire

    China's Geely Fixing Focus on Green-Car Development  

    The Chinese automaker says it wants "new-energy" vehicles, mainly battery-powered and hybrid cars, to account for 90% of its sales by 2020....More
  • Newswire

    U.K. Says VW Must Pay for Repeat Vehicle Tests  

    Transport Minister Patrick McLoughlin says the automaker has been advised it will have to pay for new Vehicle Certification Agency tests to ensure VW cars conform to U.K. emissions standards....More
  • Newswire

    REFILE-UPDATE 1-VW says CO2 cheats affect more petrol engines than previously disclosed  

    (Refiles to add UPDATE 1 tag to headline) BERLIN, Nov 16 (Reuters) - Volkswagen manipulated the carbon dioxide (CO2) emission levels of more petrol-powered vehicles than previously disclosed, a spokesman for the carmaker said on Monday. VW said on Nov. 3 it had understated the level of CO2 emissions in about 800,000 cars sold mainly in Europe, and consequently their fuel usage....More
  • Newswire

    VW Scandal Prompts U.K. Inquiry Into Testing Protocols  

    Members of Parliament want to determine whether the current procedures for testing vehicle emissions, noise and performance meet standards established by the European Union, and whether they reflect "real-world" driving....More
  • Newswire

    No Further Evidence of Cheating at VW, Exec Says  

    Herbert Diess, the automaker's top brand executive, says he has seen no evidence of wrongdoing at the automaker beyond the rigging of diesel-emissions tests and carbon-dioxide certifications....More
  • Newswire

    Brembo Chair Sees Limited Fallout From VW Scandal  

    Alberto Bombassei says the Volkswagen emissions scandal's impact on Italian suppliers could be "significant yet not dramatic" and the consequences for his company, which supplies brakes to Ferrari and Porsche, likely would be "modest."...More
  • Newswire

    VW to Put Car Fixes Ahead of Test-Fixing Probe  

    Repairing diesel cars rigged to produce false emissions-test results is a higher priority than investigating the origins of the scandal, says Juergen Stackmann, the VW brand's sales chief....More
  • Newswire

    Germany to Recheck 800,000 VW Cars' CO2 Levels  

    The Federal Motor Transport Authority will review carbon-dioxide emissions levels of not only the 800,000 cars VW admits equipping with software producing false test results, but also cars apparently not affected by the action....More
  • Newswire

    Only VW Linked to Emissions-Cheating Software, Report Says  

    The German magazine Wirtschaftwoche quotes California Air Resources Board chief Mary Nichols as saying only VW has been found to have used software producing deceptively low levels of emissions....More
  • Newswire

    UPDATE 2-EU asks members to investigate after VW admits new irregularities  

    * VW says it understated carbon dioxide emissions * Letter asks EU members to investigate * Investors urge EU to toughen emissions testing (Adds detail of meeting with national authorities) By Barbara Lewis BRUSSELS, Nov 6 (Reuters) - The European Commission has written to all 28 European Union member countries urging them to widen their investigations into potential breaches of vehicle emissions rules after Volkswagen admitted it had understated carbon dioxide levels....More
  • Newswire

    WRAPUP 3-Germany to retest VW cars as scandal pushes Berlin to act  

    (Adds comments from California regulator in paragraphs 22-24) * Germany to gauge cars' genuine emissions levels * VW says it understated CO2 emissions, fuel usage * New revelations affect up to 800,000 cars in Europe * Shares fall 9.5 percent * VW halts U.S., Canadian sales of cars with 3.0 diesel V6 * Moody's lowers VW credit rating By Andreas Cremer and Caroline Copley...More
  • Newswire

    UPDATE 8-Dumped by Honda, air bag maker faces fresh questions over future  

    * Honda says won't use Takata front air bag inflators * U.S. imposes fine of $70 mln, could be more * Takata shares close down 13.4 pct, briefly down 20 pct * Takata CEO says to phase out ammonium nitrate (Recasts, adding more Honda comment, Toyota, Nissan, analyst. Changes slug, pvs USA-TAKATA/) By Naomi Tajitsu and David Morgan...More

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