Prosecutors have yet to decide on specific charges, though The Wall Street Journal said the Department of Justice is weighing the alternatives of requiring a guilty plea from the company, or offering it a deferred prosecution agreement.
GM engineers in 2004 and 2005 “misdiagnosed it as a customer satisfaction issue and not a safety issue,” Barra said in a video deposition.
The president of the carmaker's US manufacturing tells what it took to turn Toyota workers into Lexus workers, from rebuilding cars to mastering origami the hard way.
The FDA allowed the plant to continue exporting about 15 ingredients for use in finished drugs in the U.S. More than 80% of drug ingredients are now produced abroad, mainly in China and India.
Despite booking another charge to the tune of 2.2 billion euros, the auto giant insists that profits have come in better than expected overall and that it will stick to its full-year targets.
"From how organizations use quality to drive profitability, to how quality is governed, organizations are becoming more proactive at using quality to drive organizational success."
Daimler, DAF and others agreed to pay European Union regulators for fixing prices of medium- and heavy-duty vehicles over a 14-year stretch.
VW’s oldest 2-liter diesels covered by the case — including Jetta, Golf and Beetle models dating back to 2009 — will emit more pollution than allowed under the emissions standards the company evaded. Meanwhile, New York...
“We have found examples of what I would call ‘selective editing,’ where they have left out results not because they were bad results, but because the results that remained were better."
The Golden State and its Air Resources Board tagged VW’s plan to fix its 3.0-liter models as inadequate — and a buyback could add another $3 billion to the final scandal cost.