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Volkswagen Aktiengesellschaft (VLKPF)

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222.20+0.20 (+0.09%)
At close: 3:50PM EDT
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  • Reuters

    VW to pay $1.5 million to settle New Hampshire, Montana diesel claims

    WASHINGTON (Reuters) -Volkswagen AG on Monday said it has agreed to pay $1.5 million to settle environmental claims with the states of New Hampshire and Montana over updates of emissions software arising from the 2015 diesel cheating scandal. The settlements, about $280 per vehicle, are a small fraction of what the states initially sought. The German automaker and several courts previously have cited astronomical figures as maximum liability the German automaker faces over the issue of whether states can enforce emissions laws over updates to emissions software after the vehicles were sold.

  • Zacks

    EV Roundup: F Partners With Redwood, LI Trims Q3 Delivery Guidance & More

    While Ford (F) ties up with Redwood Materials for EV battery recycling, Li Auto (LI) cuts delivery view for the third quarter of 2021 amid chip crisis.

  • Zacks

    Volkswagen (VWAGY) to Set Up $164M EV Battery Plant in Hefei

    Volkswagen (VWAGY) announces the the construction of a fully-owned battery systems plant in China's Hefei, which is expected to significantly boost production.