Volkswagen receives biggest claim in history
Mar15

Volkswagen receives biggest claim in history

Investors from all over the world team up against VW The inevitable happened on Monday, when a group of investors filed a claim against Volkswagen. The claim is a logical consequence in a series of events that started after fraudulent software was discovered in VW diesel cars. Immediately after the announcement of Diesel Gate VW shares plunged. Investors obviously blame the carmaker, and they want their losses back. All over the world...

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Mercedes-Benz Emission Scandal in the making?
Feb29

Mercedes-Benz Emission Scandal in the making?

EPA suspects emission fraud, investors not impressed There may be a new diesel scandal in the making. Although no real accusations have been made and no consequences can be seen in the stock price, Daimler has been approached by the Environmental Protection Agency (EPA) to explain why Mercedes-Benz’ emission numbers don’t add up. The company has responded in a statement, saying it will cooperate to the fullest extent. Lawsuit The...

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Diesel fraud: Ford, Mercedes-Benz, and Renault under investigation
Jan19

Diesel fraud: Ford, Mercedes-Benz, and Renault under investigation

Mercedes-Benz S-Class, Ford C-Max, various Renault Models being checked When the first reports of Diesel Gate at VW came out, many immediately said that Volkswagen probably wasn’t the only brand that should be investigated. More and more reports suggest those voices were right. Today, 3 more brands have been connected to possible diesel fraud: Ford, Mercedes-Benz, and Renaut. Enough reason No conclusions have been drawn yet, but there...

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Volkswagen to be sued by investors
Jan18

Volkswagen to be sued by investors

66 institutional investors team up against Volkswagen Volkswagen can expect a lawsuit in the next week. 66 institutional investors have said to take legal action against the carmaker for the losses suffered as a consequence of Diesel Gate, the scandal in which VW tried to manipulate emission tests using malicious software. Big loss A single institutional investor will first file the claim. The investor is from the US and is filing the...

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Diesel Gate at Renault: shares plunge
Jan14

Diesel Gate at Renault: shares plunge

Renault is also Diesel Gate suspect Diesel Gate has now spread to Renault, authorities believe. We have just learned that French authorities have raided the French carmaker’s headquarters for anything suspicious. As a result of this new Diesel Gate chapter, Renault’s shares dropped dramatically. 4 Locations Investigators visited 4 sites related to Renault recently. One of these sites was visited on January 7, sources say. During the...

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Will 2016 be the last year for diesel cars?
Jan04

Will 2016 be the last year for diesel cars?

Diesel cars may disappear altogether, thanks to Volkswagen Diesel gate has done a lot for Volkswagen – in a negative way, that is. But the damage has gone much further than one might notice. While the full story on the diesel scandal has yet to be written, we can already tell that not just a couple of car brands, but a total market is about to collapse, thanks to Volkswagen. More to come When Diesel gate caused Volkswagen shares to...

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