Tag Search Result

Department of Justice

Volkswagen AG has pleaded guilty to three felonies and agreed to pay $4.3 billion in criminal and civil penalties related to its emissions scandal, the U.S. Department of Justice has announced.

Read more

Volkswagen May Establish Diesel Remediation Funds

Volkswagen is reportedly in negotiations to establish two funds to provide payments to regulars following the diesel emissions scandal. The funds would go toward promoting clean transportation.

GM CEO Gives Recall Update

In an address to employees, General Motors CEO Mary Barra pledges GM will cooperate fully with ongoing investigations and take steps to change the company's system for deciding and managing safety recalls.  Read stories about the recall here and federal investigation here.

TRW Automotive Subsidiary Agrees to Plead Guilty to Safety Systems Price Fixing

WASHINGTON – TRW Deutschland Holding GmbH, a Germany-based subsidiary of U.S.-based TRW Automotive Holdings Corp., has agreed to plead guilty for its involvement in a conspiracy to fix prices of seatbelts, airbags and steering wheels. The parts were sold to two German automobile manufacturers and installed in cars sold in the U.S., the Department of Justice announced.

Auto Safety Systems Supplier Agrees to Plead Guilty to Price Fixing

WASHINGTON – Stockholm-based Autoliv Inc. has agreed to plead guilty for its role in a conspiracy to fix prices of seatbelts, airbags and steering wheels installed in U.S. cars, as well as the company’s role in a separate conspiracy to fix prices of seatbelts, the Department of Justice announced.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account