Mexican Media Brands
VW Still Faces Possible U.S. Criminal Charges Over Diesel Cheating
Volkswagen AG’s $15.3 billion settlement resolves multiple civil fines and lawsuits over cheater diesels the company sold in the U.S. But the company still could face major criminal charges related to its wrongdoing.
#legal
Share
Volkswagen AG’s $15.3 billion settlement resolves multiple civil fines and lawsuits over cheater diesels the company sold in the U.S. But the company still could face major criminal charges related to its wrongdoing.
The U.S. Dept. of Justice is pursuing a criminal investigation launched in March into possible bank or wire fraud under the Financial Institutions Reform, Recovery and Enforcement Act. DoJ is looking into possible charges that VW used false claims to boost the market value of its diesels, according to The Wall Street Journal.
The newspaper said four months ago the department also is weighing a separate charge of tax fraud, which would claim VW is responsible for winning federal tax credits for customers who bought the company’s supposedly ultra-low-emission diesels.
RELATED CONTENT
-
On Zeekr, the Price of EVs, and Lighting Design
About Zeekr, failure, the price of EVs, lighting design, and the exceedingly attractive Karma
-
On Traffic Jams, Vehicle Size, Building EVs and more
From building electric vehicles—and training to do so—to considering traffic and its implication on drivers and vehicle size—there are plenty of considerations for people and their utilization of technology in the industry.
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
