WASHINGTON: A U.S. appeals court ruled Monday Volkswagen AG may face"enormous" additional liability in the"Dieselgate" scandal finding that two counties can enforce regulations against the German automaker for tampering with post-sale vehicles.
The court said it recognized the ruling"may result in the imposition of unexpected liability on Volkswagen." Volkswagen admitted to using illegal software to cheat U.S. pollution tests in 2015, triggering a global backlash against diesel vehicles that has so far cost it 30 billion euros in fines, penalties and buyback costs.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Supreme Court rebuffs investors' bid to block Madoff trustee lawsuitsThe U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Hong Kong finance secretary says no plans to change US dollar pegHONG KONG: Hong Kong had no plans to change its currency's peg to the US dollar and the Asian financial hub has not seen any 'obvious' capital ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia stocks hit 3-month peaks, resilient to US riotingAsian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Will US protests spark a second coronavirus wave?WASHINGTON (NYTIMES) - Mass protests against police brutality that have brought thousands of people out of their homes and onto the streets in cities across America are raising the spectre of new coronavirus outbreaks, prompting political leaders, physicians and public health experts to warn that the crowds could cause a surge in cases.. Read more at straitstimes.com. Oh my goodness! I hope not! Too many people had died already! Relax.. Trump's out golfing and said the curve will magically vanish... What 2nd wave?
Source: The Straits Times - 🏆 8. / 63 Read more »
Retailers already hit by coronavirus board up as US protests rageRetail giant Target shuttered stores across the U.S. as retailers already reeling from closures due to the coronavirus pandemic shut stores amid ... WuhanBioWeapon
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Curfews and clashes as US race protests escalateMINNEAPOLIS: Curfews were imposed on major US cities as clashes over police brutality escalated across America with demonstrators ignoring ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »