Volkswagen Group fined $1.2B by German authorities for diesel scandal

VW TDI badgeThe fallout from a global emissions cheating scandal keeps falling. This week, German authorities fined Volkswagen AG nearly $1.2 billion for selling more than 10 million cars with emissions-cheating software. The sum pales in comparison to the billions Volkswagen has paid in the U.S., which has totaled more than $24 billion so far, but is one of...

VW Group has nailed down $25 billion of battery supply, it said today

Volkswagen ID electric car concept, 2016 Paris auto showFor a company that has only two battery-electric models in production, both several years old, VW Group spends a great deal of time talking about electric cars. The company has plans to launch 30 new electric vehicles by 2025, and has released four Volkswagen ID concepts, the first of which will enter production in November 2019. At its annual...

Volkswagen Moia electric mobility van is VW’s Uber ride-sharing rival

Volkswagen MOIA electric ride-pooling vanEvery automaker has its niche. Mazda builds a brilliant (and efficient) sports car in the MX-5 Miata. Toyota pioneered the mass production of hybrid-electric vehicles 20 years ago with its Prius. The Tesla Model S made battery-electric vehicles exciting and desirable. And Volkswagen has diesel. DON'T MISS: Volkswagen ID electric car production...

VW Dieselgate exec Schmidt gets maximum jail sentence: 7 years

Oliver SchmidtA Volkswagen manager who pleaded guilty to deceiving regulators in the United States over the emissions of the company's TDI diesel engines has been sentenced to the maximum penalty of seven years in prison and the maximum fine of $400,000. "This crime ... attacks and destroys the very foundation of our economic system," said federal court judge...

Volkswagen ID Crozz electric SUV to launch in US in 2020

Volkswagen ID Crozz conceptA production vehicle based on the Volkswagen ID Crozz all-electric compact crossover will be launched in the U.S. market during 2020, VW said. The announcement came at a media event Tuesday night before the first of two media days at the Los Angeles auto show, where the electric SUV makes its North American debut. First unveiled at the Shanghai...