The Portuguese navy rescued the 22-member crew from the Felicity Ace, which was scheduled to arrive in the port of Davisville, R.I., next week. None of the crew was injured.
Volkswagen of America had earlier issued a statement that it was rebranding itself as Voltswagen of America, but it may have been an April Fool's Day prank according to media reports.
The German automakers have finished compensating U.S. owners as part of a settlement with the Federal Trade Commission. Most drivers chose to replace their vehicles, not repair them, the FTC says.
An emblem of the hippie era in America, the car was marketed in the U.S. as adorably uncool. Volkswagen sold the bug with cheeky slogans like "It's ugly, but it gets you there."
A government committee says capping speeds could reduce carbon emissions and pollution. Opponents say Germans have a visceral need for speed akin to Americans' views on gun rights.
A U.S. grand jury has charged Martin Winterkorn, VW's former CEO and five other ex-executives on felony charges of conspiracy. In 2015, VW admitted installing cheat devices in its diesel vehicles.
The German auto giant has a new top management and a new focus. The diesel scandal helped drive VW toward investing in electric cars, but other major automakers are betting on a plug-in future too.
The partnerships will pair Aurora's machine learning and artificial intelligence technology with two companies that produce more than 15 million vehicles each year.
The Justice Department also announced the indictments of six VW executives. Volkswagen has admitted equipping diesel vehicles with software to cheat emissions tests and then lying to regulators.
VW introduces a new SUV, the Atlas, as the company tries to turn the page from the diesel emissions scandal. The company agreed to pay $14.7 billion to settle claims by customers and regulators.
Volkswagen agreed this summer to pay up to $10 billion to U.S. car owners and nearly $5 billion in environmental reparations for selling cars that cheated on emissions tests. The deal is now approved.
Wells Fargo's CEO, John Stumpf, stepped down Wednesday as his company tries to rebuild its reputation. Wells Fargo, Samsung and Volkswagen have all seen their names hurt by poorly handled scandals.
The company says nearly 281,500 Volkswagen and Audi vehicles from as far back as 2007 may leak fuel. Different defects are involved, but one is improperly assembled suction pumps in the fuel tanks.
LAS VEGAS (AP) — Nevada expects to get $5.3 million from Volkswagen to settle allegations that the carmaker cheated on emissions tests and put highly polluting cars on the road.
In a historic civil settlement, VW will buy back or repair cars sold as "clean" but that in fact polluted above legal levels. The company will also pay nearly $5 billion for environmental reparations.
The agreement addresses "what to do about the 2-liter diesel cars on the road and the environmental consequences resulting from their excess emissions," the Justice Department says.
Speaking with NPR, Matthias Mueller blamed the problem on a misunderstanding of U.S. law and said the company doesn't have an ethics problem. Less than a day later, he asked to clarify those remarks.
