Dec 10, 2015 04:26 PM IST
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- Nov 10, 2015 08:02 AM IST
VW announced the offer. The car owners have been in limbo since mid-September, when VW admitted the cars are equipped with software that turns on pollution controls during government tests and turns them off while on the road.
- Nov 03, 2015 06:34 PM IST
The US Environmental Protection Authority (EPA) said late on Monday VW used devices to rig air-pollution tests in 3.0-litre diesel engines mostly found in Audis and Porsches -- the company's biggest sources of profit.
- Nov 03, 2015 05:22 PM IST
Shortly after trading began on the Frankfurt stock exchange, VW shares tumbled 5.1 percent to 107.00 euros after US regulators accused the carmaker of fitting illegal "defeat devices" in its larger 3.0 litre diesel engines.