Sources Contact Advanced Search Tutorials

An Interest In:

Web News this Week

Search Archive

Some of Our Sources

View All Sources

Help Webnuz

Referal links:

March 12, 2017 06:00 pm

Volkwagen Finally Pleads Guilty On 'Dieselgate' Charges

Friday Volkswagen admitted in court that they'd committed fraud in their diesel emissions tests, also pleading guilty to falsifying statements and obstruction of justice. An anonymous reader quotes CNET:It marks the first time VW admitted guilt in any court in the world, according to a VW spokesman speaking to Reuters. The judge overseeing the case in the U.S. District Court in Detroit accepted the plea and will issue a sentence at a hearing on April 21. "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," Volkswagen said in an emailed statement... The road to Dieselgate's conclusion still has plenty of pavement, though. The company is still under investigation by the Securities and Exchange Commission and Internal Revenue Service. And that's in the US alone. "VW AG is pleading guilty to all three counts because it is guilty on all three counts," the company's general counsel told the judge. Reuters also reports that VW offered to buy back half a million vehicles just in America, and agreed to spend up to $25 billion in the U.S. to address claims from unhappy owners.

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot