Post by VWCA_Adman on Mar 10, 2017 20:57:19 GMT -6
VW Pleads Guilty to Fraud in U.S. Court
Friday March 10: VW AG pleaded guilty to fraud, obstruction of justice and falsifying statements—part of a $4.3 billion settlement reached with the U.S. Justice Department last month. The root of the problem: VW’s diesel emissions scandal.
VW has agreed to spend up to $25 billion in the U.S. to address claims from diesel car owners, regulators, dealers, and states. It has offered to buy back about 500,000 dirty diesels.
VW’s general counsel Manfred Doess said, “Your honor, VW AG is pleading guilty to all three counts because it is guilty on all three counts.” Judge Sean Cox accepted the plea and set an April 21 sentencing date.
Besides the plea, VW has agreed to reforms, new audits and oversight by an independent monitor for three years. The Justice Department has charged seven current and former VW executives with crimes—five are in Germany and haven’t been arraigned. VW announced earlier this week that it expects to broaden disciplinary action beyond the two-dozen employees it has already suspended.
VW’s Geneva Gem: The Sleek Arteon Fastback
Looking a lot like the 2015 Sport Coupe Concept GTE, the Arteon revealed at the Geneva auto show sports a long wheelbase, long roofline and coupe-like styling. The large rear hatch, VW’s ode to fashion Arteon offers ample luggage space and decent rear legroom. All-wheel-drive is available—as are several gas and diesel engines some with six-speed manual transmissions or seven-speed dual-clutch gearboxes.
With progressive steering, it should be fun to drive. The wide hood covers both front fenders and is integrated into the side indents—much like the first-gen Audi TT. The grille’s design extends into the vehicle’s headlamps. Short overhangs and fender flares give it a sports-car look.
Friday March 10: VW AG pleaded guilty to fraud, obstruction of justice and falsifying statements—part of a $4.3 billion settlement reached with the U.S. Justice Department last month. The root of the problem: VW’s diesel emissions scandal.
VW has agreed to spend up to $25 billion in the U.S. to address claims from diesel car owners, regulators, dealers, and states. It has offered to buy back about 500,000 dirty diesels.
VW’s general counsel Manfred Doess said, “Your honor, VW AG is pleading guilty to all three counts because it is guilty on all three counts.” Judge Sean Cox accepted the plea and set an April 21 sentencing date.
Besides the plea, VW has agreed to reforms, new audits and oversight by an independent monitor for three years. The Justice Department has charged seven current and former VW executives with crimes—five are in Germany and haven’t been arraigned. VW announced earlier this week that it expects to broaden disciplinary action beyond the two-dozen employees it has already suspended.
VW’s Geneva Gem: The Sleek Arteon Fastback
Looking a lot like the 2015 Sport Coupe Concept GTE, the Arteon revealed at the Geneva auto show sports a long wheelbase, long roofline and coupe-like styling. The large rear hatch, VW’s ode to fashion Arteon offers ample luggage space and decent rear legroom. All-wheel-drive is available—as are several gas and diesel engines some with six-speed manual transmissions or seven-speed dual-clutch gearboxes.
With progressive steering, it should be fun to drive. The wide hood covers both front fenders and is integrated into the side indents—much like the first-gen Audi TT. The grille’s design extends into the vehicle’s headlamps. Short overhangs and fender flares give it a sports-car look.
