VW, Audi May Face Higher Costs to Resolve Emissions Issues - News Summed Up

VW, Audi May Face Higher Costs to Resolve Emissions Issues


Volkswagen AG and its Audi luxury-car unit face the prospect of significantly higher costs to resolve emissions-cheating litigation in the U.S. following a recent disclosure about Audi that unleashed new consumer lawsuits. At least two consumer class-action lawsuits against Audi recently were filed in U.S. federal courts in Illinois and in Minnesota. They allege Audi defrauded customers by understating carbon-dioxide emissions and...


Source: Wall Street Journal November 15, 2016 17:09 UTC



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