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Former Volkswagen Exec Charged With Conspiracy To Defraud US
Monday, January 9, 2017 - 5:27pm | 211Read More...Oliver Schmidt, who used to serve as the top emissions compliance manager for Volkswagen AG (ADR) (OTC: VLKAY) in the U.S., was arrested by the FBI on Saturday, charged with conspiracy to defraud the United States over the company’s diesel emissions cheating scandal. The former executive...
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Will Volkswagen Ever Come Out From Under Its Emissions Scandal?
Wednesday, February 3, 2016 - 2:24pm | 400Read More...On Tuesday, German carmaker Volkswagen AG (ADR)(OTC: VLKAY) reported lackluster results, as the company continued to struggle with last year's emissions scandal. U.S. sales fell 14.6 percent, and almost all of the company's car models saw year-over-year sales decline. However, although the diesel...
