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It was last Monday when the EU ministers gathered in Brussels to draft new rules to prevent future emissions cheating from the automotive companies after the VW emissions scandal. The Council of Ministers from 28 countries proposed rules for cutting down the national authorities’ power giving at the same time the ability to the European […]
Volkswagen, the giant German automaker, has pleaded guilty to criminal charges in a Detroit federal court last Friday to conspiracy to defraud the U.S., commit wire fraud, and violate the Clean Air Act, obstruction of justice and import violations. However, VW still denies compensating European car owners arguing that a ‘technical fix’ can make cars […]
Last Monday, the US prosecutors held Volkswagen executive Oliver Schmidt, charging him with plotting to deceive the United States, over VW diesel emission scandal. He is to appear today in the U.S. District Court in Miami in a hearing before a U.S. Magistrate Judge. The VW employee was shown shackled and wearing a jail outfit. […]
This article was exclusively written for the Sting by Mrs Monique Goyens, the Director General of The European Consumer Organisation (BEUC) At the end of June, Volkswagen car drivers in the US heard that the car company had agreed to provide compensation payments of up to $10,000 to each driver and promised to buy back the […]
European governments and officials seem incompetent to protect on the one hand their car consumers and on the other the environment, despite the crucial role Europe played in the climate change agreement that was signed last December in Paris. VW’s diesel emissions scandal has revealed so far that the multinational framework in Europe is much more beneficial for […]
More than two months have passed since the Volkswagen emissions scandal broke out and the company is still under thorough investigation revealing that many more vehicles are affected by the cheating software and the firm’s fraudulent techniques. Last Monday, the Volkswagen (VW) chief executive officer Matthias Müller stated in Wolfsburg, Germany that the majority of VW’s […]
Some multinationals (MNEs) such as FIAT and Starbucks have been overdoing it in the EU for quite some time now. The case of tax investigation of the aforementioned companies on whether they have paid the correct amount of corporate income tax or not is ongoing for over a year now. The Commissioner responsible for Competition, Mrs […]
The Volkswagen emissions scam exposed by the US authorities last week has more substance than the vast and varied financial, commercial and legal consequences wherever in the world the company is present. VW has a great weight in the German car universe with its 12 brand names (VW, Audi, Porsche, the Volkswagen trucks Scania and […]
Remember the time you bought a new car. You normally visited it at the showroom, took it for a test drive, read the fuel consumption. Those three factors, together of course with the price of the vehicle, formed your purchase decision and selection between competition. Well, it seems that you can count on the showroom visit […]
The European Commission (EC) decided two days ago to conduct an investigation which will focus on the tax affairs of Apple, Starbucks and Fiat Finance and Trade in Ireland, the Netherlands and Luxembourg respectively. Basically, EC’s purpose is to examine if the tax authorities of the aforementioned countries are in line with the rules of […]
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