Volkswagen Group’s attempts to contain the fallout from the emissions cheating suffered a setback after Audi, the group’s biggest profit generator, lost a key engineer tainted by the scandal.
Porsche SE, the main shareholder of Volkswagen Group, is facing lawsuits from investors claiming the firm did not disclose the financial risks of VW’s emissions scandal uncovered a year ago.
The European Commission has found that Volkswagen Group broke consumer laws in 20 European Union countries by cheating on emissions tests, German daily Die Welt reported, citing Commission sources.
Volkswagen Group is set to escape fines from the German Transport Ministry after cheating on emissions tests for years, despite growing public ire over the lack of compensation for European owners of tainted vehicles.
The president of Mitsubishi Motors, Tetsuro Aikawa, will step down less than two years in the job amid a widening fuel economy scandal that torpedoed the automaker’s sales and led to it selling a controlling stake to rival Nissan Motor Co.
Mitsubishi Motors admitted this week that its staff had cheated on some models in tests that have to determine fuel consumption. This concerns about 625 thousand cars.
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