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Company: Volkswagen
Current Parent Company:
Volkswagen
Parent at the Time of the Penalty Announcement:
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Penalty: $50,000,000
Year: 2016
Date: November 18, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-Scandal:
Emissions Cheating
Violation Description: Volkswagen agreed to pay $50 million to settle allegations it violated the Texas Deceptive Trade Practices Act (DTPA) and misled consumers by marketing and selling diesel vehicles as clean, even though it knew the cars were equipped with defeat device software to cheat on emissions tests.
Level of Government: state
Action Type: agency action
Agency: Texas Attorney General
Civil or Criminal Case: civil
Facility State: Texas
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
