Volkswagen Emission Scandal

According to a Reuters report, a U.S. federal judge approved a $14.7 billion settlement in which Volkswagen AG (ADR) (OTC: VLKPY) (OTC: VLKAY) will compensate car owners who purchased a diesel vehicle. Judge Charles Breyer approved the settlement, which will see the German carmaker spend up to $10....

A Volkswagen (OTC: VLKAY) engineer has been named in a criminal investigation in a Detroit federal court. According to Click On Detroit, James Liang, a German national, is accused of being developing a "defeat device" for Volkswagen's diesel cars that help conceal a vehicle's...