Tag: Volkswagen
#Volkswagen #DieselGate scandal
The Volkswagen Investors Claim Foundation (‘Stichting’) was established under Dutch law at the end of 2015 to provide a tool for investors in the Volkswagen Group who had suffered damage from the company’s long-standing diesel fraud, helping them to recover at least part of their losses. In order to manage the delicate situation of investors with […]
VW explores UK banking licence ahead of #Brexit
Volkswagen (VOWG_p.DE) is exploring applying for a full UK banking licence so that it can continue to offer car loans after Britain leaves the European Union, the German automaker said on Thursday (2 November). The company confirmed comments to the Financial Times by David Maloney, chief executive of its UK financial services arm, that discussions […]
#Cleanercars: Internal Market MEPs to debate changes to type-approval rules
MEPs’ plans to tighten up EU car ‘type approval’ rules, in the wake of the VW scandal, will be outlined in 196 amendments to the EU Commission proposal to overhaul the current system, to be debated in the Internal Market Committee on Thursday at 11.00. These include stricter supervision of tests done before a car […]
#Dieselgate: Inquiry committee to question industry and Commission representatives
Parliament’s inquiry committee into car emissions measurements continues its investigation this week by questioning industry representatives as well as former Environment Commissioner Stavros Dimas. Committee chair Kathleen Van Brempt, a Belgian member of the S&D group, also takes part in a Facebook live session on Thursday (14 July) from 14h CET, giving you the chance […]
#VWEmissions scandal: Labour MEP reveals authorities knew existence of cheat devices as far back as 1998
Following the VW emissions scandal that broke in 2015, MEPs have been told EU authorities did not act on reports US authorities were fining vehicle manufacturers for using emissions cheat devices as far back as 1998. At the first hearing of the European Parliament’s emissions test scandal inquiry, the European Commission also admitted the legal […]
#CarEmissions: taking tests out of lab and onto road
Every year 430,000 Europeans die prematurely due to air pollution. One of the main sources is road vehicles emitting nitrogen oxides (NOx), including poisonous nitrogen dioxide. Following the Volkswagen scandal, in which the company admitted cheating emission test in the US, Parliament and the Council are considering to update existing emission rules to ensure tests […]
#dieselgate Car emissions inquiry committee members and remit approved
Parliament appointed the 45 members of a committee of inquiry into car makers’ breaches of EU rules on car emission tests in a vote on Thursday. The committee will also investigate alleged failures by EU member states and the European Commission to enforce EU standards. It will present an interim report within 6 months, and […]