Big chunk goes to buying back cars
The details of Volkswagen's punishment and compensation for the diesel cheat scandal in America have been revealed. And it's massive. Total cost to VW will be $14.7 billion (P692.66 billion).The company will offer to buy back or
by Paul Horrell
The journey of atonement continues
We reported that Volkswagen of America, the US Environmental Protection Agency, and the California Air Research Board were on the brink of reaching an agreement, which calls for the German carmaker to compensate aggrieved customers in the diesel-emissions scandal it was
The solution to Dieselgate
It was reported in April that Volkswagen and the US Department of Justice had reached an agreement to clean up the mess known as Dieselgate. At the time, both parties hadn't finalized any details, save for saying that they would settle "
In a bid to clean up diesel mess
In the past few months, we witnessed Volkswagen embroiled in one of the worst controversies to hit the auto industry. In case you were a hermit, the German auto giant had allegedly fitted almost half a million of its diesel engines with
Based on a book set to come out next year
The fallout of Volkswagen's diesel-emissions scandal has yet to be fully known, and already the fiasco is on its way to Hollywood immortality. According to Reuters, Leonardo DiCaprio's production company Appian Way intends to make a film about the
by Dinzo Tabamo