TagVolkswagen

Volkswagen Faces SEC Lawsuit Over "Dieselgate" Scandal

Volkswagen, SEC

German automaker Volkswagen is facing a lawsuit filed over its actions toward investors during the so-called "Dieselgate" scandal. Filed by the Securities and Exchange Commission (SEC), the lawsuit alleges that the automaker allowed investors to buy $13 billion worth of company bonds despite being aware of a growing scandal involving illegal software used to manipulate emissions' testing results...

Volkswagen Bets $50 Billion on Electric Future but Tesla Isn't Sweating

Volkswagen Electric Tesla

As cities all over the world look at ways to combat rising pollution levels, giant German automaker Volkswagen goes all in on electric as a transitional period of necessary change comes to the car industry. The Future is Electric No, these are not the words of democratic demagogue and enemy of the Fox people, Alexandria Ocasio-Cortez, but it is the sentiment outlined for the future of the...

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