Search Results for dieselgate

Volkswagen Dieselgate Settlement Includes $2 Billion Investment Towards Electric Cars

Volkswagen/Audi this week announced a settlement agreement with U.S. federal regulators, private plaintiffs and 44 U.S. states on Dieselgate, involving TDI diesel engine cars. The costs for the company on the buybacks and lease terminations, emissions modifications (if approved) and cash payments to affected customers for approximately 475,000 eligible 2.0L TDI comes to $10.033…

1 year ago by Mark Kane 20

Volkswagen To Offer $5,000, Buy Back Cars To Settle Dieselgate

The emission scandal that convinced the world’s largest advocate of “clean diesel” to abandon ship and embrace plug-in technology appears to be reaching a settlement in the United States. As reported by Germany’s Die Welt newspaper today, besides having to fix or buyback affected cars, a deal tentatively reached with the US authorities…

1 year ago by Jay Cole 68

Volkswagen

Volkswagen CEO Admits Tesla Has Abilities It Lacks

It seems Volkswagen CEO Herbert Diess isn’t quite sure what to say about Tesla. About a month ago, we shared that Diess (whose personal car is a VW eGolf) believes Volkswagen can stop Tesla. His reasoning behind the statement was simply VW has abilities that Tesla doesn’t possess. Of course, this…

2 weeks ago by Steven Loveday 73

Porsche May End Diesel Offerings, Switch To Electric

Porsche (as part of Volkswagen Group) also suffers from the recent Dieselgate scandal, and according to company CEO Oliver Blume, Porsche is considering whether or not to ditch diesel engines. The German brand currently diversifies its powertrain portfolio via petrol, electric and plug-in hybrids. The future of diesel to be decided…

1 month ago by Mark Kane 10

Volkswagen Begins Installing Chargers Under Electrify America Plan

In late June, Volkswagen’s subsidiary Electrify America (which manages a $2 billion post-dieselgate charging infrastructure plan) opened its first charging station.  So the money is being put into action quickly. In total, eight units were installed in the Washington, D.C. area last month: Pentagon City Fashion Centre in Arlington, Virginia;…

1 month ago by Mark Kane 99