vw pleads guilty in dieselgate case ending us case
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

VW pleads guilty in 'dieselgate' case, ending US case

Arab Today, arab today

Arab Today, arab today VW pleads guilty in 'dieselgate' case, ending US case

Volkswagen Ag plead guilty to criminal charges
New York - AFP

German automaker Volkswagen AG on Friday pleaded guilty to criminal charges in the emissions-cheating scandal, closing an important chapter in the saga that has rocked the company sice 2015.
The company in January agreed to plead guilty and pay $4.3 billion in criminal and civil fines to settle charges that it defrauded the United States and conspired to violate the Clean Air Act by installing so-called defeat devices on diesel-powered cars that evaded emissions standards.
"Volkswagen deeply regrets the behavior that gave rise to the diesel crisis," Volkswagen spokeswoman Jeannine Ginivan said in a statement. 
"The agreements that we have reached with the US government reflect our determination to address misconduct that went against all of the values Volkswagen holds so dear."
The settlement with the Justice Department also requires the company to hire an outside compliance monitor for three years.
The guilty plea entered Friday is in addition to $17.5 billion that the company already agreed to pay in settlements with car owners, dealers and for environmental cleanup.
One aspect of the case that remains unresolved is the fate of VW executive Oliver Schmidt who US authorities arrested in Miami in January, one of six company officials charged in the matter. 
Prosecutors this week rejected defense arguments that Schmidt should be released pending the outcome of his case and described him as a flight risk. The other five company officials charged are believed to be in Germany.
Regulators in 2015 discovered that Volkswagen diesel cars marketed as clean in fact spewed up to 40 times the permissible limits of nitrogen oxide during normal driving, but this was hidden during emissions testing. 
As many as 11 million vehicles sold worldwide were configured to cheat emissions tests.
The company developed the illegal technology in 2009 and, according to court documents, prosecutors believe senior employees attempted a coverup after learning of the illegal technology in 2015.


Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vw pleads guilty in dieselgate case ending us case vw pleads guilty in dieselgate case ending us case

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vw pleads guilty in dieselgate case ending us case vw pleads guilty in dieselgate case ending us case

 



GMT 23:30 2011 Thursday ,03 March

American top cardiologist Dr. Goldberg

GMT 09:11 2017 Sunday ,31 December

Palestinian officials slam controversial remarks

GMT 12:46 2017 Sunday ,03 December

Philipp, Castro add to Dortmund's injury woes

GMT 18:07 2017 Sunday ,22 January

4 al-Qaeda members killed in Yemen drone strikes

GMT 17:22 2017 Saturday ,29 July

China, Russia responsible for N.Korea threat

GMT 00:54 2017 Saturday ,08 April

Dh1m for stories of hope in the Arab world

GMT 14:24 2017 Saturday ,16 September

LUSH launches new perfume range Volume IV

GMT 14:55 2014 Wednesday ,16 July

Sheikha Fatima offers 60m gift

GMT 13:30 2017 Tuesday ,28 November

Tokyo stocks snap three-day winning streak

GMT 09:26 2018 Sunday ,09 December

Cold weather prevails over next 3 days

GMT 17:42 2018 Wednesday ,05 September

Bahrain Bourse daily trading performance

GMT 18:55 2016 Friday ,15 July

Consortium closes $1.825bn Rabigh 1 refinancing

GMT 23:56 2018 Tuesday ,23 January

UAE Ambassador meets South Korean Health Minister

GMT 09:48 2018 Sunday ,21 January

Elysee: Macron to welcome Hariri next Friday
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday