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Violation Tracker Individual Record

Company: Volkswagen Group of America
Current Parent CompanyVolkswagen
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $4,000,000,000
Year: 2017
Date: February 1, 2017
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: environmental violation
Violation Description: This settlement, which covered 3.0-liter diesel vehicles produced by VW, supplemented an early agreement concerning 2.0-liter cars. Both were outgrowths of allegations that the company cheated on emissions testing. In this case VW agreed to repurchase vehicles from customers at an estimated total cost of up to $4 billion. Bosch, which manufactured the device that enabled to cheating, was said to be making a contribution toward the cost of the buyback but no amount was cited in the announcement. Also see: (click here)
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
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(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.