Energy News  
CAR TECH
VW demands billion-euro 'dieselgate' payout from ex-CEO: report
by AFP Staff Writers
Frankfurt (AFP) April 23, 2021

Auto giant Volkswagen is seeking more than a billion euros ($1.2 billion) in damages from ex-CEO Martin Winterkorn over the "dieselgate" emissions cheating scandal, German media reported on Friday.

The sum would be the highest ever claim for damages against a company executive in Germany, according to the Sueddeutsche Zeitung newspaper.

Volkswagen has written to Winterkorn to demand the sum, the bulk of which is likely to be covered by his liability insurance, the report said, without citing its sources.

Volkswagen and a source close to Winterkorn both declined to comment when contacted by AFP.

The Volkswagen group was plunged into crisis in 2015 when it admitted to installing cheating software in 11 million diesel vehicles worldwide to dupe pollution tests.

The scandal, based on allegations from the US Environmental Protection Agency, has so far cost the German car giant more than 30 billion euros ($35 billion) in fines, legal costs and compensation.

VW said in March it would be demanding compensation from Winterkorn, as well as Rupert Stadler, the former head of its Audi division, for "breach of duty" in connection with the affair. The company did not reveal how much it was seeking then.

The amount demanded from Stadler "is expected to be much smaller" than that asked of Winterkorn, the Sueddeutsche Zeitung reported.

VW accuses Winterkorn of failing to take action from July 2015 to get "immediate and comprehensive" information about the use of the illegal software in vehicles sold in North America between 2009 and 2015.

It also says he "failed in this context to ensure that the questions asked by the US authorities were truthfully and fully answered".

Winterkorn, 73, and four other ex-Volkswagen colleagues are due to go on trial together in Germany on charges of organised commercial fraud and serious tax evasion.

The start of proceedings has been repeatedly pushed back due to the coronavirus pandemic and is now set to start on September 16.

The first senior executive to go on trial over "dieselgate" was Stadler, 58, whose fraud proceedings opened in Munich last year.

jpl-fec/dl

VOLKSWAGEN


Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


CAR TECH
Tesla hits China speed bump with blowback over safety, service
Beijing (AFP) April 22, 2021
Electric carmaker Tesla has hit a speed bump in China with questions being raised over safety and service just as local competitors gear up to challenge the US-based company in the huge Chinese market. Tesla's road in China had seemed paved with gold after founder Elon Musk was granted rare permission to build a wholly-owned factory in Shanghai that has allowed it to accelerate to the head of the pack in China's electric vehicle (EV) market. But a Tesla customer's protest at the Shanghai Auto Sh ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
California's worst wildfires are helping improve air quality prediction

NASA study predicts less Saharan dust in future winds

Spotting greenhouse gas super-emitters

Earth from Space: Space Coast, Florida

CAR TECH
US Army Geospatial Center Upgrades OGC Membership to Advance Open Systems

MyGalileoSolution and MyGalileoDrone: A word from the winners

Google Maps to show more eco-friendly routes

Soyuz launch campaign for 2 Galileo satellites postponed Until November

CAR TECH
Young, female and fighting for India's forests

Apple announces $200 mn forestry fund to reduce carbon

Rainforests of Central Africa unequally vulnerable to climate change, development

US asks Brazil for 'immediate' action on Amazon

CAR TECH
Shining, colored LED lighting on microalgae for next-generation biofuel

Scientists uncover structure of light-driven enzyme with potential biofuel applications

Scientists convert fire-risk wood waste into biofuel

New 'biodegradable' plastics actually degrade

CAR TECH
SolAero Technologies' Ingenuity on Mars

Toward new solar cells with active learning

Solar panels are contagious - but in a good way: Study

Ten ways to ensure bees benefit from the solar power boom

CAR TECH
In Texas, a rancher swaps his oil pumps for wind turbines

US to invest heavily to boost offshore wind farms

TechnipFMC enters partnership with Magnora to develop floating offshore wind projects

Field study shows icing can cost wind turbines up to 80% of power production

CAR TECH
South Korea ends aid for coal plants overseas

'Torn': Living with top US greenhouse gas spewing power plant

Rescuers work to free 21 trapped in flooded China mine

In coal-addicted Bulgaria, EU climate goal faces hurdles

CAR TECH
Hong Kong marks 'national security day' with goose-steps and mascots

Oscars set to flop in China as Hollywood, politics collide

'Violent' ducks? Hong Kong clothing brand cartoons rile China

Epoch Times defiant after Hong Kong printing press attacked









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.