Latest Martin Winterkorn News

Audi fined $925 million in Germany over diesel emissions

Oct. 16, 2018 8:36 AM EDT

FRANKFURT, Germany (AP) — German law enforcement authorities added another chapter to Volkswagen's diesel scandal Tuesday by fining the company's luxury division Audi 800 million euros ($925 million) for selling cars rigged to cheat on emissions tests. Prosecutors in Munich said Tuesday that the fine was...

EU investigates German carmakers for possible collusion

Sep. 18, 2018 11:56 AM EDT

BRUSSELS (AP) — European Union regulators have opened an in-depth investigation into whether automakers BMW, Daimler and Volkswagen colluded to limit the development and roll-out of car emission control systems. The EU Commission said Tuesday that it had received information that BMW, Daimler, Volkswagen,...

Trial begins in $10B investor lawsuit against Volkswagen

Sep. 10, 2018 11:07 AM EDT

FRANKFURT, Germany (AP) — Trial proceedings have begun in the lawsuit brought against Volkswagen by investors alleging the company did not give them timely notice of its scandal over cars rigged to cheat on diesel emissions tests. Investors are seeking almost 9 billion euros ($10.4 billion), saying...