Matthias Müller

Volkswagen deals with multiple lawsuits, costing billions of euros

Numerous possible class-action proceeding have been filed in Michigan against the German automaker Volkswagen due to emission scandals. US regulators are coming up with more questions of the car behemoth.

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Volkswagen to fix deceptive engine software in October

The leading global auto major Volkswagen, which is reeling under pressure owing to emission tests rigging scandal, has assured that it would replace the deceptive engine software that manipulates results from emission tests. It's estimated that about 11million vehicles sold across the world have been fitted with manipulative engine software. The German automobile company will start informing the owners of 11mn vehicles. It's found that these vehicles emit harmful pollutants 40 times higher than the US environment standards. However, Volkswagen didn't elaborate on the exact time of completion of the process or any compensation to vehicle owners. Volkswagen will submit a plan on technical solutions to regulators and environmental authorities for approval in October.

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Volkswagen new CEO to steer German auto maker on the right track

The new Chief Executive Officer of Volkswagen Matthias Müller, former head of Porsche, has assured investors and customers of thorough probe into the emission cheating scandal, which is creating tremors for the German's leading automaker.

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