Niedersachsen plans to use the VW billion

The billion has not yet been transferred, but Lower Saxony’s politicians are already discussing what should happen to the fine. The judiciary wants to invest in its own ranks, the Greens in the mobility turnaround. VW Golf in front of corporate headquarters Thursday, 14.06.2018 17:35 clock The billion-dollar fine imposed on Volkswagen in the diesel… Continue reading Niedersachsen plans to use the VW billion

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars Tech Fund invests in automotive sensor company Luminar   Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology for use in autonomous vehicles.   The investment in Luminar, based… Continue reading Volvo Cars Tech Fund invests in automotive sensor company Luminar

Transport Minister Scheuer is to testify in VW process

The regional court in Stuttgart makes shareholders of VW and Porsche hope for damages – they could have been deceived earlier. In the procedure also Minister of Transport Scheuer is to be loaded as a witness. Andreas Scheuer (CSU) Thursday, 07.06.2018 18:02 clock Volkswagen and Porsche shareholders achieved a stage win in the diesel affair.… Continue reading Transport Minister Scheuer is to testify in VW process

Martin Winterkorn indicted in the United States

Martin Winterkorn is said to be complicit in the VW emissions scandal: At least that’s what the US Department of Justice sees it – and accuses the former Volkswagen boss of complicity. Ex-VW boss Martin Winterkorn Thursday, 03.05.2018 22:11 clock The US Department of Justice accused Volkswagens former CEO Martin Winterkorn the complicity in the… Continue reading Martin Winterkorn indicted in the United States

The legal fronts in the VW scandal

VW must pay a penalty of one billion euros because of the diesel affair. The legal processing will take but probably years. The overview. Volkswagen (icon) Wednesday, 13.06.2018 21:42 clock One billion euros fine – that’s the sum that the Prosecutor Braunschweig imposed because of the diesel scandal against Volkswagen Has. It is one of… Continue reading The legal fronts in the VW scandal