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The U.S. Security and Exchange Commission has filed suit in San Francisco on Thursday alleging that from April 2014 through May 2015, Volkswagen fraudulently issued more than $13 Billion in bonds and securities in the U.S. market. During that time, the SEC alleges that Winterkorn and other senior m...
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The U.S. Security and Exchange Commission has filed suit in San Francisco on Thursday alleging that from April 2014 through May 2015, Volkswagen fraudulently issued more than $13 Billion in bonds and securities in the U.S. market. During that time, the SEC alleges that Winterkorn and other senior m...
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- diesel
- dieselgate
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Audi finds itself in more legal trouble, but not fully related to the diesel emission scandal. The Wall Street Journal reports that German prosecutors have opened an investigation into three employees of Audi for possible falsifying of documents to get roadworthiness certifications for vehicles...
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Former Volkswagen CEO Martin Winterkorn is already being investigated by German prosecutors over market manipulation because of the diesel emission scandal. But now, he finds himself under a new investigation by prosecutors on the suspicion of fraud. Reuters reports that prosecutors in Braunsc...
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William Maley Staff Writer - CheersandGears.com July 30, 2013 In India, General Motors hasn't issued a recall since 1995. That trend ended this past week as GM announced the recall of 114,000 Chevrolet Tavera utility vehicles built from 2005 to 2013 and are equipped with the 2.5L and 2.0L engines...
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William Maley Staff Writer - CheersandGears.com July 30, 2013 In India, General Motors hasn't issued a recall since 1995. That trend ended this past week as GM announced the recall of 114,000 Chevrolet Tavera utility vehicles built from 2005 to 2013 and are equipped with the 2.5L and 2.0L engines...
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