A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires.
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The Securities and Exchange Commission said the car maker's former chief executive, Martin Winterkorn, knew about a "massive" emissions fraud in November 2007.
alleged graft, kickbacks and other scheming that tested or transgressed the limits of their own nations' anti-corruption laws.
Volkswagen's effort to get its fleet of cars certified according to the new WLTP emissions standard have cost the carmaker up to 3.6 billion euros
Consumers suing Hyundai Motor Co and Kia Motors Co over an engine defect that allegedly caused some of their vehicles to spontaneously catch fire on Thursday filed an amended complaint that included detailed accounts and pictures of the fires that have garnered widespread attention in the media and were scheduled for a hearing before the U.S. Senate.
Hagens Berman, consumer-rights law firm representing owners of certain Hyundai and Kia vehicles prone to spontaneous engine fires, has filed an amended lawsuit against the automakers with added plaintiffs and harrowing footage of the potentially deadly fires attorneys say are being willfully ignored by Hyundai and Kia.
U.S. officials had accused the company of installing software that enables certain diesel trucks to emit far more pollutants than emissions laws allow.
Volkswagen AG supplier IAV GmbH has agreed to plead guilty and pay a $35 million fine for its role in the German auto giant's emissions-cheating scheme, the U.S. Justice Department said Tuesday.
When the Trump administration laid out a plan this year that would eventually allow cars to emit more pollution, automakers, the obvious winners from the proposal, balked.
Volkswagen has denied allegations that Chairman Hans Dieter Poetsch knew about the carmaker's emissions test cheating almost three months before U.S. authorities made it public in September 2015.
Several European countries have either ordered vehicle recalls by carmakers over diesel emissions cheating or plan to do so, German weekly Bild am Sonntag reported without citing sources.
Faced with complaints that its cars are randomly igniting, Hyundai says regulators should focus on all auto brands
While Volkswagen's diesel emission fiasco has died down in the United States, costing the automaker billions before going achieving dormancy, the legal fires burn brightly in Europe.
Volkswagen and an independent monitoring team still have "a lot of work to do" before the company's compliance procedures can be certified after a $27 billion global emissions cheating scandal, Larry Thompson, an independent compliance auditor, said on Thursday.
Porsche SE, the holding controlling Volkswagen, violated shareholder disclosure laws and must pay €47 million to investors for not informing them soon enough about the emissions fraud.
German prosecutors fined Audi, a Volkswagen subsidiary, €800 million ($926 million) over the automaker's ongoing diesel emissions scandal.
U.S. District Judge Charles R. Breyer, overseeing the landmark Volkswagen Dieselgate lawsuits, issued an order allowing the RICO and state law claims of consumers who sold their affected vehicles prior to the disclosure of the fraud to continue, according to Hagens Berman.
Volkswagen has terminated the contract of Rupert Stadler, the suspended chief executive of its premium brand Audi, amid an ongoing emissions probe.
General Motors Co (GM.N) is recalling 1.205 million pickup trucks and sport utility vehicles worldwide due to issues with a temporary loss of power steering, the No.1 U.S. automaker said on Thursday.
Talk about a bad break. General Motors is issuing a recall on 210,628 vehicles in the United States and 19,385 vehicles in Canada due to a soft, spongey brake pedal. The recall impacts hundreds of thousands of 2018 and 2019 models of Chevrolet Bolt, Cruze, Equinox, Impala, Malibu, and Volt as well as Buick Cadillac XTS, LaCrosse, Regal; and GMC Terrain. The full list of car models being recalled can be found here.
