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How Does General Motor's Emissions Scandal Stack Up To Volkswagen's?
Wednesday, May 31, 2017 - 5:13pm | 436Owners and lessees of more than 705,000 Duramax diesel trucks sued General Motors Company (NYSE: GM) last week for installing devices to cheat U.S. emissions inspections, according to Bloomberg. The allegations call to mind the Volkswagen AG (ADR) (OTC: VLKAY) emissions scandal from September 2015...
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3 CEOs Who Made Headlines In 2015
Thursday, December 31, 2015 - 10:46am | 716While a company's financials may be one of the most important factors when it comes to making investment decisions, the person at the helm can make or break a firm's image in the public eye. This year, the private sector was full of scandals, crises and high-stakes decisions that cast the...
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Investors, Look To Buy Volkswagen On The Dip
Friday, September 25, 2015 - 1:12pm | 620The emissions scandal that Volkswagen AG (ADR) (OTC: VLKAY) is facing has taken the company's shares down by roughly 30 percent over the past two days. The company is also facing massive fines and even criminal lawsuits in the United States; a new probe looking into its software in the UK has...
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Volkswagen Group Vows To Be Global Leader In Electric Mobility
Wednesday, September 18, 2013 - 12:03pm | 590The two words the auto industry has looked at very closely in Europe as well as in US in recent years are 'electric mobility.' As the present technology gets cheaper, automakers see the opportunity to invest heavily on the production of fully electric and hybrid cars for a promising segment of...
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Volkswagen To Leave Toyota Behind (TM)
Thursday, January 14, 2010 - 9:06am | 103Martin Winterkorn, CEO of Volkswagen, said that 2 years back he was determined to make Volkswagen leave Toyota Motor Corp. (ADR) (NYSE: TM) behind to become the world's biggest automaker. At the time, Volkswagen sold 3 million fewer vehicles than Toyota, was losing ground in the U.S., and had a...