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  • SEOUL, Sept 22- South Korea's environment ministry said on Tuesday that it will conduct an investigation into emissions of Volkswagen AG and Audi diesel cars after the firm admitted rigging emissions tests on diesel-powered vehicles in the United States. The ministry's probe will involve 4,000 to 5,000 units of Volkswagen's Jetta and Golf models and the...

  • NEW YORK, Sept 21- Volkswagen AG's U.S. head on Monday said he was confident the German automaker would restore customer confidence after it "totally screwed up" by rigging emissions tests of diesel-powered vehicles in the United States. Michael Horn vowed to make amends at a lavish event in New York to promote the 2016 Passat where the carmaker doled out German...

  • SEOUL, Sept 22- South Korea's environment ministry said on Tuesday that it will conduct an investigation into emissions of Volkswagen AG and Audi diesel cars after the firm admitted rigging emissions tests on diesel-powered vehicles in the United States. The ministry's probe will involve 3,000 to 4,000 units of Volkswagen's Jetta and Golf models and the...

  • DETROIT/ WASHINGTON, Sept 21- When the International Council for Clean Transportation commissioned researchers at West Virginia University to test diesel car emissions in 2013, the group expected to find that diesel cars sold in the U.S. emitted fewer pollutants than cars sold elsewhere because they had to meet tougher standards, ICCT officials told...

  • WASHINGTON, Sept 21- The U.S. Justice Department is conducting a criminal probe after Volkswagen admitted it had rigged emissions tests of diesel-powered vehicles in the United States, Bloomberg reported on Monday, citing two U.S. officials familiar with the inquiry. The U.S. Environmental Protection Agency said on Friday the world's biggest carmaker by...

  • *U.S. agency EPA says to widen probe to other carmakers. Germany, alarmed at the potential damage the scandal could inflict on its world-beating car industry, urged Volkswagen to fully clear up the matter and said it would investigate whether emissions data had also been falsified in Europe. The EPA and California officials said on Monday they would test the use...

  • VW, RSA shares hammered as Europe closes higher Monday, 21 Sep 2015 | 11:30 AM ET

    European equities bounced back Monday, finishing higher despite an uninspiring lead from Asia and key European stocks tanking.

  • Volkswagen falls over 20%, to halt US diesel car sales Monday, 21 Sep 2015 | 11:30 AM ET
    Volkswagen dealership

    Volkswagen has told U.S. dealers to halt sales of some 2015 diesel cars after regulators found software it designed for the affected vehicles gave false emissions data.

  • VW scandal could keep it from reaching No. 1 Monday, 21 Sep 2015 | 10:54 AM ET
    A Volkswagen Passat is offered for sale at a dealership on Sept. 18, 2015, in Chicago. The Environmental Protection Agency has accused Volkswagen of installing software on nearly 500,000 diesel cars in the U.S. to evade federal emission regulations.

    The VW scandal goes beyond a temporary sales halt.

  • EPA, California to test other diesel vehicles after VW Monday, 21 Sep 2015 | 10:54 AM ET

    WASHINGTON, Sept 21- The Environmental Protection Agency and California officials will test other diesel vehicles for use of software that deceives regulators measuring toxic emissions following news Friday that Volkswagen could face $18 billion in penalties for using that technology, an agency official said Monday.

  • BERLIN, Sept 21- Volkswagen shares plunged more than 20 percent on Monday, their biggest ever one-day fall, after news the German carmaker had rigged U.S. emissions tests, and Germany said it would investigate whether data had been falsified in Europe too. The U.S. Environmental Protection Agency said on Friday Europe's biggest carmaker used software for diesel...

  • FRANKFURT, Sept 21- Volkswagen works council chief Bernd Osterloh has called for those responsible for the alleged falsification of emissions data in the United States to be brought to justice, according to a German magazine. "As employee representatives we will push for a thorough investigation and will ensure that the people responsible are held...

  • *Daimler, BMW say not affected by U.S. emissions probe. The U.S. Environmental Protection Agency said on Friday Europe's biggest carmaker used software for diesel VW and Audi branded cars that deceived regulators measuring toxic emissions and could face up to $18 billion in penalties. "This disaster is beyond all expectations," said Ferdinand Dudenhoeffer, head...

  • BERLIN, Sept 21- Shares in Volkswagen plunged the most in almost six years in early Monday trading after U.S. authorities accused the German carmaker of falsifying emissions data, which means it could face penalties of up to $18 billion. Europe's largest automaker is accused of designing software for diesel models of its core VW brand and luxury division Audi...

  • *EPA says violation could result in fines of up to $18 bln. FRANKFURT/ HAMBURG, Sept 20- Volkswagen told U.S. dealers to halt sales of some 2015 diesel cars after regulators found software it designed for the affected vehicles gave false emissions data, the company said Sunday, announcing it had launched an investigation. The U.S. Environmental Protection Agency...

  • *EPA says violation could result in fines of up to $18 bln. FRANKFURT/ HAMBURG, Sept 20- Volkswagen has ordered an external investigation after U.S. regulators found software the carmaker designed for diesel cars gave false emissions data, its CEO said on Sunday, adding he was "deeply sorry" for the violation of U.S. rules. The U.S. Environmental Protection Agency said...

  • SAO PAULO, Sept 18- Workers at a Volkswagen AG and a Ford Motor Co factory in Brazil have agreed to cut their work hours by a fifth, accepting pay cuts to avoid mass layoffs as the local auto industry struggles through its worst crisis in nearly two decades. The agreement at the Ford plant in São Bernardo, Brazil outside Sao Paulo, Brazil's biggest city, ends an...

  • WASHINGTON/ DETROIT, Sept 18- Volkswagen AG faces penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday. "Put simply, these cars contained software that turns off emissions controls when driving normally and turns them...

  • WASHINGTON, Sept 18- Volkswagen AG could face penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday. "Put simply, these cars contained software that turns off emissions controls when driving normally and turns them on...

  • WASHINGTON, Sept 18- U.S. and California environmental regulators on Friday accused Volkswagen AG of deliberately circumventing clean air rules on nearly 500,000 diesel cars and the company could face penalties of up to $18 billion. The U.S. Environmental Protection Agency alleged that Volkswagen used software in four-cylinder Volkswagen and Audi diesel...