U.S. Justice Department

Dieselgate probe snares 5 more Volkswagen executives
Dieselgate probe snares 5 more Volkswagen executives

Yesterday, Volkswagen and the U.S. government reached an agreement that could mark the beginning of the end of the Dieselgate scandal. Volkswagen will pay $4.3 billion in criminal and civil fines, and the company agreed to do something that most corporations accused of wrongdoing avoid these days...Read More»

money
Volkswagen pleads guilty to felonies, to pay $4.3 billion, in Dieselgate pact (updated)

Volkswagen has now reached final agreement on a deal with the U.S. government that brings the long, complicated Dieselgate investigation closer to the finish line. One major focus of that deal has been the fines that Volkswagen would pay for deceiving consumers and regulators about roughly 555,000...Read More»

Volkswagen Plant, Wolfsburg, Germany (photo by Richard Bartz)
Volkswagen Dieselgate update: 2.0-liter fix approved, $3 billion settlement pending, U.S. arrest

This week, much of the auto world's attention will be focused on the Detroit auto show, but elsewhere in America, in courtrooms and around conference tables, one of the biggest car stories of the past several years--the Volkswagen diesel scandal--is finally, maybe, kinda-sorta coming to an end. Or...Read More»

Takata logo (photo by Flickr user jo.schz)
Takata could agree to fines of $1 billion in the U.S.

Takata has been on a losing streak for the past couple of years, but new reports suggest that the beleaguered Japanese parts supplier could soon slide much, much deeper into the red. Insiders say that within the next few weeks, the company may agree to pony up $1 billion to settle a criminal...Read More»

Dealer
Fiat Chrysler audit suggests sales stats have been inflated: SEC, Justice Dept. investigate

Back in January, two dealers filed a lawsuit against Fiat Chrysler Automobiles, alleging that FCA had asked them to inflate their monthly sales stats. Though FCA was quick to dismiss the dealers' claims, an internal audit may prove the old maxim that where there's smoke, there's fire. The audit was...Read More»

Money and car keys
DOJ: Minorities May Have Been Unfairly Targeted With Deceptive Loans

Following the Great Recession, credit dried up, dealing a brutal blow to the auto industry. Lenders tightened up so much that even people boasting fairly good credit scores were offered loans with sky-high interest rates or denied altogether. Half a dozen years down the road, credit restrictions...Read More»

Gavel. Image: Brian Turner
20 Parts-Makers Fined $1.6 Billion For Fixing Prices & Making Cars Pricey

No doubt about it: cars are expensive. Along with your home and your education, a car is one of the most expensive investments you'll ever make. Unfortunately, some of us have been paying even more for our cars than we should've, and it's because 20 companies that supply parts for those cars have...Read More»

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