Volkswagen, dieselgate: fine of 76 million in Australia
This is the highest fine ever imposed in Australia for violating consumer rights - VW appealed a 2019 ruling, but the Supreme Court upheld the fine
Volkswagen, Dieselgate: new compensation tile
In adjudicating the case of a pensioner, the Court of Justice ruled that those who bought a car with a souped-up ECU are entitled to a partial refund - thus paving the way for a wave of new lawsuits
Volkswagen, leaders under accusation for the dieselgate
The CEO, the president and the former CEO of the group accused of "market manipulation" - They knew the costs of diaselgate and would have warned the market late - Title in red in Frankfurt
Diesel cars under attack: should I buy it or not?
Traffic restrictions in cities are growing. And together with the ecological tax on new registrations, the tax advantage of fuel also risks disappearing. And so buying a diesel car becomes a puzzle. Let's try to understand how the…
Stock exchange, car to the rescue with China and the end of Dieselgate
Optimism returns to the sector thanks to the relaxed climate on US-China tariffs and the good news arriving from Beijing. For FCA there is also the positive effect of the now close plea deal with the US Department of Justice on the Dieselgate affair
Dieselgate-bis: BMW, Volkswagen and Daimler investigated for cartel
The EU has opened a formal investigation into the three German car manufacturers (also involved the Porsche and Audi brands, owned by the Volkswagen group) because they allegedly agreed not to compete in the development of technology to clean petrol emissions and…
Dieselgate: Audi CEO Rupert Stadler arrested
According to the Public Prosecutor of Munich, the number one of the German car manufacturer, Rupert Stadler, could "pollute the evidence" on the investigations related to the Dieselgate scandal
Dieselgate, for Volkswagen fined 1 billion in Germany
The auto giant has already made it known that it does not want to appeal to the Braunschweig public prosecutor, because it "acknowledges its responsibility" - Once the fine has been paid, the proceedings against Volkswagen should be closed and the…
Dieselgate: Volkswagen cuts profit in half
In the three months from June to September, the Wolsburg-based house recorded a net profit of 1,14 billion euros, a figure that represents a decrease of 51,2% compared to the previous year - Estimates for 2017 rise
Stock market, shadows on the car but Piazza Affari holds up
Inspections by the European Antitrust on Volkswagen and Daimler and rumors about new FCA troubles for the dieselgate in France are holding back car shares but the price lists of all Europe are holding up with the exception of Spain - Stm shines in Piazza Affari but…
FCA, dieselgate: "Full collaboration with the French authorities"
The French division of Fiat Chrysler Automobiles responds to the rumors published this morning by the newspaper Le Monde - FCA France says it "cooperated in the investigation by the French authorities into the Dieselgate case".
The dieselgate makes the electric car take off. Enel's news
During the meeting promoted in Milan by Forum Automotive, they discussed how the new (and more restrictive) regulations on CO2 emissions are changing the strategies of car manufacturers and how the car market is linking…
Volkswagen does not sell Ducatis
During the Frankfurt Motor Show Porsche, president of Porsche Se, the family holding which owns 52% of Volkswagen's voting rights, denied the rumors circulating on the markets - The Bolognese motor company will not be…
Dieselgate: EU pressing Volkswagen
The Commission has sent a joint letter with the EU's consumer authorities to the CEO of the group, urging that all vehicles affected by the scandal be quickly repaired.
Germany, the confidence index collapses
The index that measures confidence in economic expectations lost 7,5 compared to the month of July. The drop in exports and the dieselgate weighed on the result.
FCA - USA towards agreement on dieselgate
The federal judge in San Francisco, who oversees the lawsuit against FCA over diesel engine emissions, has declared plans to appoint an expert to reach a settlement
Dieselgate: US storm on FCA, trouble for Daimler and VW in Europe
New wave of investigations for the car - American Justice denounces FCA for alleged irregularities in data on diesel car emissions and the company, which loses 4% on Wall Street, replies: "We will defend ourselves vigorously" - Searches at Daimler …
Dieselgate: maxi-search at Daimler in Germany
It was Daimler itself who made it known, specifying that the company "cooperates fully with the authorities".
Stock exchanges in slalom between Draghi and Trump, Brazil and Dieselgate
The financial markets must juggle signs of the opposite trend: from the optimism of the president of the ECB to the possible impeachment of Trump, without forgetting the new political crisis in Brazil and the shadow of Dieselgate on FCA - High tech drives the recovery…
Dieselgate, new investigation into the Volkswagen CEO
According to the magistrates of the Stuttgart Public Prosecutor's Office, Mueller "knowingly delayed the release of information" after the scandal, thus manipulating market trends.
FCA emissions: there is the Italy-Germany agreement
Meanwhile the Dieselgate continues: the German authorities are carrying out a search in Ingolstadt, the headquarters of Audi
Dieselgate, Volkswagen: 1,26 billion to US motorists
Reached an agreement with the US Authority that protects consumers; the judge will have to decide. Vehicle owners can opt for the repair by getting a refund of between $7 and $16, with an additional $500 bonus if after…
Volkswagen beats Dieselgate: it surpasses Toyota and is first for sales
Despite the effects of Dieselgate, the German company is the one that sold the most cars in 2016 - The Japanese giant stopped at 10,175 million cars registered, against 10,312 for Volkswagen.
Gentiloni meets Merkel today: public accounts and Dieselgate the hot fronts
The meeting will take place this morning in Berlin and will be accompanied by a forum with the participation of the business elite of the two countries
THE 5 TOP NEWS OF THE DAY (VIDEO)
The news of the day, which also influences the Stock Exchange, is undoubtedly the record-breaking merger in the eyewear world between the Italian Luxottica and the French Essilor: the in-depth analysis and the other salient facts of Monday 16 January.
THE 5 TOP NEWS OF THE DAY (VIDEO)
Dieselgate is always holding the court: FCA is in the sights, which today recovers in the stock market after the thud on Thursday, and now also the French Renault - Also Borsa, Popolari, Fininvest and weather in the compilation of the day.
Dieselgate, what will Trump change for FCA?
The changing of the guard in the White House and the presidency of the EPA (The Environment Agency) may lead to the dismissal of the accusations, sharply rebutted by the company, against FCA of having manipulated data on diesel car emissions, but the unknown is from California -…
Dieselgate, FCA rebounds but Renault ends up in the crosshairs
In the middle of the day, the stock market was positive in Europe and in Milan where bank stocks regained share. Ubi and Unicredit are accelerating, Bper is also doing well. The utilities with Enel, Terna and A2A were positive. Btp awaiting Dbrs rating. With…
Dieselgate: Renault investigated in France
After the maxi-Volkswagen emissions scandal, the French government has carried out 11 months of investigations into car emissions and those of Renault have proved particularly controversial - The stock falls on the stock market
FCA reacts to Dieselgate: "We are not like Volkswagen"
Marchionne's harsh reply to the bolt from the blue of the accusations by the American authorities (appointed by Obama) on the manipulation of data on the emissions of 104 vehicles and on Wall Street FCA partially recovers on Piazza Affari - Ubi…
THE 5 TOP NEWS OF THE DAY
A day full of news from the economic and financial world: the lights are all focused on the possible FCA scandal, but big news also comes from Unicredit, UBI and Alitalia.
FCA sinks due to Dieselgate (-16,1%) and overwhelms the Stock Exchange, but Ubi booms (+9,1%)
The accusation by the American authorities of having manipulated the data on the emissions of 104 cars sinks FCA and Exor and drags down Piazza Affari (-1,7%) - Marchionne's immediate reply - Mediaset and Leonardo are also down sharply - Sprint…
Dieselgate: USA accuses, FCA defends itself
The US Environment Agency has accused FCA of rigging the emissions of 104 vehicles sold in the US: thus a new Dieselgate is looming, after the one that overwhelmed Volkswagen, which for now is excluded from the Italian-American company: "Standards respected " -…
Dieselgate, VW negotiates 4,3 billion in the USA
The agreement also provides for the explicit admission of guilt by Volkswagen for having placed cars on the US market by circumventing US regulations on pollution with technological tricks.
VW, dieselgate: US executive arrested
This is Oliver Schmidt, he will be questioned today
Dieselgate, US agreement for Volkswagen
Volkswagen has managed to reach an agreement to make more than 80 three-liter vehicles that still circulate on American roads compliant with the law, violating the emission standards of the Environmental Protection Agency (the EPA); those cars were…
EU: "No risk on Italian banks" and sanctions Germany on Dieselgate
The EU "doesn't fear banking crises after the referendum in Italy": this was stated by Eurocommissioner for Economic Affairs Pierre Moscovici speaking on French TV. From Brussels instead comes the infringement procedure against six European countries, including Germany…
After Dieselgate, Volkswagen cuts 23.000 seats
The automotive group's plan was presented in Wolfsburg by president Diess, it is the first since the emissions scandal. The stock is up in Frankfurt. The pact with the trade unions also provides for 3,5 billion in investments in the car…
Vw, Dieselgate: compensations requested for 8,2 billion
Institutional investors, including the Blackrock fund, have asked for a total of two billion, while private individuals have come to ask for 6,2 billion
THE 5 TOP NEWS OF THE DAY
From the GDP that slows down the anticipations of some news on the end-of-year maneuver (and on the date of the referendum), from the new chapter in the Dieselgate saga to the financial markets, which are breathing again today: Thursday's most relevant news…
Dieselgate: BlackRock asks Volkswagen for 2 billion
In parallel, Tilp also announced its intention to initiate legal action in order to guarantee investors total compensation of around 3 billion - In total, according to legal sources, the German company could face claims for damages between…
Volkswagen, EU to consumers: "Appellant to Court"
To date, the German car manufacturer has refused to indemnify European customers contrary to what it did in the USA - During some meetings scheduled for September, the possibility of undertaking…
Renault like Volkswagen?
According to the Financial Times, a study prepared by the French government (which owns about 20% of the automaker) would have omitted significant details on how the group's diesel vehicles would have reduced gas emissions.
Volkswagen: 5 million Antitrust sting for dieselgate
The Antitrust has imposed a 5 million fine on Volkswagen, the maximum possible, for dieselgate, i.e. for unfair commercial practices linked to the polluting emissions of vehicles sold in Italy since 2009 by the German car manufacturer - In Germany via…
Dieselgate, Volkswagen ready to shell out 15 billion
The German car group is willing to pay almost 15 billion dollars to settle the civil lawsuits against Dieselgate in the US.
VW: 10 billion to close the Dieselgate in the USA
Plan Provides $6,5 Billion for Car Owners and $3,5 Billion for U.S. Government and California Authorities - The deal provides option for car owners to ask…
After the Dieselgate Volkswagen returns to profit but disappoints expectations
The figure returns positive after the disaster of 2015 (-1,58 billion due to the 16 billion provisions for the Dieselgate scandal) but disappoints analysts and markets: the stock manages to lose 4% in Frankfurt - Volkswagen has however…
Cars: Suzuki and Mitsubishi in the storm
After Volkswagen, Mitsubishi Motors and Suzuki also end up in the storm due to irregular vehicle tests - Osamu Suzuki admits the use of "different methods" than those required by law, involving 2,1 million cars - Mitsubishi: he resigns…
Dieselgate: Norway fund sues Vw
The fund is the fourth largest shareholder of the Wolfsburg-based company with 1,64% of the capital - Volkswagen has so far set aside 16,2 billion euros to deal with the penalties imposed by the various state authorities and lawsuits in addition to the costs of…
Daimler, new Dieselgate after Vw
The US Department of Justice has opened an investigation into Daimler emissions following a class action lawsuit launched by a consumer whose car equipped with a BlueTec diesel engine would not meet the limits imposed by law - The…
Volkswagen Usa: compensation in sight
The agreement with the US authorities, the cost of which is unknown, concerns about 500 cars - Volkswagen will offer owners the option of reselling the car to the automaker or having it modified so that it complies with…
Volkswagen, maxi-lawsuit worth 3,2 billion for dieselgate
A group of 278 large institutional investors presented the heaviest compensation claim among the 67 filed so far: among them are 17 holding and insurance companies based in different countries, the Californian pension fund Calpers…
Volkswagen, rigged cars during investigation
The investigations conducted by American investigators did not frighten Volkswagen which continued to manipulate its engines even when the Dieselgate scandal was already in the public domain. Sueddeutsche Zeitung launches a new accusation against the German giant.
Volkswagen: new legal troubles in the USA
Another tile hits Volkswagen. The German company would have been sued by the US Department of Justice as part of an investigation into the laws against bank fraud.
Mercedes accused of fake emissions. Towards another dieselgate?
Mercedes like Volkswagen? Daimler, the parent company of Mercedes-Benz, has been sued by a very powerful American law firm. The accusation: having falsified the gas emission values for diesel engines in 14 models. The specter of another…