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U.S. Sues Volkswagen Over Emissions Scandal

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The U.S. Justice Department files a lawsuit against VW seeking $18 billion in sanctions on behalf of the Environmental Protection Agency. VW shares declined by 4 percent. Experts expect an out of court settlement of $12-$13 billion. The inconclusive discussions between the EPA and VW led to the filing of the lawsuit. The lawsuit is seen as sending a message to the auto industry that the kind of behaviour that led to the VW emissions cherating scandal will not be tolerated.

The U.S. Environmental Protection Agency (EPA) and VW in 2015-2016

09/22/2015

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VW shares declined by 20% in September 2015, as investors feared EPA penalties for software placed in cars to lower emissions during EPA tests.

Grouped Articles

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Volkswagen Says 11 Million Cars Worldwide Are Affected in Diesel Deception

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By 2007 Winterkorn was head of research and development at VW. He is known to be meticulous about the cars VW shipped, subjecting them to rigorous inspection. The software placed in VW vehicles that reduces the emissions for testing even as the vehicles continue to release much higher level of pollutants into the air, was installed between 2009 and 2015, according to the reports.

Grouped Articles

Volkswagen’s CEO survived a corporate coup. Can he survive an emissions scandal? - The Washington Post

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Volkswagen C.E.O. Martin Winterkorn Resigns Amid Emissions Scandal

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Close relationship between automakers and the government in Germany

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Following the VW emissions scandal reporters look at the cozy relationship between the government and the large automakers.

Grouped Articles

In Germany, a Cozy Relationship Between Carmakers and Government

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U.S. Sues Volkswagen Over Emissions Scandal

Wall Street Journal 01/05/2016

Beyond Volkswagen, Europe’s Diesels Flunked a Pollution Test

New York Times 02/07/2016

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