Tag: Diesel

VW Investors Approve $339 Million In Settlement From Former Execs

<!––> <!––> Volkswagen shareholders have approved plans to settle claims against four former executives that will see the automaker receive €288 million ($339 million) in compensation. The settlement required shareholder approval and during the company’s annual general meeting, 99.9 per cent of investors agreed to the proposal. It will help VW recoup a small fraction […]

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Survey Finds 41% Of Consumers Want Their Next Car To Be Electrified

An interesting study has revealed that a large number of customers would prefer to buy an electrified vehicle as their next car. EY surveyed 9,000 people across 13 countries, including the U.S., Canada, China, Germany, Australia, Singapore, and New Zealand, and asked them their powertrain preference for their next car. No less than 41 per […]

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BMW And VW Fined $1 Billion By EU For Running Emissions Cartel

The European Commission imposed a fine on Volkswagen and BMW, to the tune of €502 million ($594 million) and €373 million ($441 million USD) respectively, for colluding to curb the use of diesel emissions cleaning technology. In the case, which is separate from VW’s Dieselgate scandal, Volkswagen and BMW were fined for colluding with Mercedes and […]

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VW’s 262-MPG XL1 Was The Perfect Skinflint’s Supercar, Here’s One For Sale And What It’s Like To Drive

The original 987 hp, 253 mph Bugatti Veyron is often touted as former VW boss Ferdinand Piech’s most ambitious pet project, but the 68 hp, 99 mph Volkswagen XL1 was every bit as crazy. In the 2000s Volkswagen showed a couple of fuel-sipping, cigar-shaped concept cars that imagined a future where practical daily transport could […]

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A Diesel BMW M2? If It’s Got A 583 HP Engine With Three Turbochargers, Why Not!

Say hello to what very might be the craziest BMW 2-Series on earth. Residing in South Africa, this 2-Series may look like an M2 but it actually started out life as a 220d. The owner then equipped it with the exterior body panels of an M2 Competition before slotting in the tri-turbo 3.0-liter straight-six ‘M50d’ […]

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