Prosecutors in Germany connected the charges against Martin Winterkorn and four other managers to events that ran from 2006, when the diesel scandal was first conceived, to 2015. Source: NYT > Business – CHRISTOPHER F. SCHUETZE
Volkswagen Faces Lawsuit for Illegally Selling Prototypes Not Fit for the Road
The automaker, which is trying to regain the trust of car buyers after an emissions scandal in 2015, has acknowledged improperly selling preproduction cars. Source: NYT > Business – NEAL E. BOUDETTE
VW, BMW and Daimler Hindered Clean-Air Technology, European Regulator Says
The German automakers colluded to prevent the development of emissions-cleaning technology in violation of antitrust rules, the European Commission found. Source: NYT > Business – KEVIN GRANVILLE
S.E.C. Accuses Volkswagen of Fraud in Diesel Scandal
Regulators sued the German carmaker and Martin Winterkorn, its former chief executive, saying they defrauded investors. Source: NYT > Business – ALEXANDRA STEVENSON
What’s Driving Automakers Out of Europe?
Blame has been cast on events like Brexit, but there are other changes that are reshaping the industry globally. Source: NYT > Business – AMIE TSANG
Volkswagen C.E.O. Apologizes After Echoing Nazi Slogan, ‘Work Sets You Free’
Speaking about profits at a company event this week, Herbert Diess said, “Ebit macht frei,” echoing the slogan “Arbeit macht frei,” or “Work sets you free.” Source: NYT > Business – MELISSA EDDY