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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.

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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.

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.