VW's rapidly mushrooming diesel emissions conundrum could cost it up to $86B, argues major financial services company Credit Suisse.
New software reportedly will be added to as many as 11 million of Volkwagen's diesel cars to bring them in to compliance with emissions laws. The fix could cost $6.5 billion.
US Environmental Protection Agency will use random spot checks to expose technologies that may allow cars to skirt emissions standards.
German automaker orders its US dealerships to halt sales of affected cars, says that 11 million vehicles are impacted globally.
In an open letter to the automaker and an official release, the EPA claims that VW's diesels aren't as clean as you'd think.
Hot on the heels of the Volkswagen diesel scandal, Samsung faces accusations it makes its products seem more energy efficient under test conditions.
It wasn't just a little environmental fiddling. It was far, far more.
At next month's Tokyo Motor Show, Honda will show its next-gen fuel-cell car, which will go head-to-head with Toyota's Mirai. It will also show an autonomous mobility concept and new motorcycles.
The longtime Volkswagen Group chief executive steps down amid growing scrutiny and mounting costs stemming from emissions calamity.
The Volkswagen new chief officer comes from one of the automaker's many subsidiary brands.