Index Investing News
Saturday, April 4, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Volkswagen faces possible recalls after environmental NGO wins emissions software lawsuit By Reuters

by Index Investing News
February 20, 2023
in Markets
Reading Time: 1 min read
A A
0
Home Markets
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg, Germany March 1, 2019. REUTERS/Fabian Bimmer/File Photo

HAMBURG (Reuters) – A German court on Monday ruled in favour of an environmental NGO’s lawsuit against the federal motor authority for releasing cars with software on exhaust gas recirculation it argues is illegal, in a judgement which could lead to a wave of recalls.

The NGO, Deutsche Umwelthilfe, is calling for Volkswagen (ETR:) Golf vehicles to be recalled because of software manipulation to emissions mechanisms, alleging the KBA authority should never have allowed these vehicles to be released to the market.

“The case was effectively successful,” a court spokesperson said, meaning the decision by the authority to release the vehicles must be revoked.

The DUH is planning further cases against the KBA involving BMW, Volkswagen, and Mercedes-Benz vehicles which, if successful, could mean up to ten million cars which KBA authorised would need to be recalled, the NGO said.

Volkswagen said in a statement it would wait to receive the full reasoning of the court to decide on next steps.

The European Court of Justice last November backed the rights of environmental associations to take such actions against EU vehicle approvals on the basis of DUH’s lawsuit, which was initially rejected by the Schleswig administrative court in 2017.

The ruling concerns software Volkswagen installed to control the recirculation of exhaust gases, which EU courts have said is illegal in certain conditions but Volkswagen views as in line with the law.



Source link

Tags: EmissionsEnvironmentalfaceslawsuitNGOrecallsReutersSoftwareVolkswagenWins
ShareTweetShareShare
Previous Post

Host Hotels & Resorts Stock: Inflationary Pressures Could Cause Headwinds (NASDAQ:HST)

Next Post

What’s Listing And What’s Selling For $4 Million-Plus Across The Globe

Related Posts

Trader Alerts – New ETP Listings #2026

Trader Alerts – New ETP Listings #2026

by Index Investing News
April 1, 2026
0

 Home ...

As stocks, bonds fall, a trade that boomed in 2022 may be winner again

As stocks, bonds fall, a trade that boomed in 2022 may be winner again

by Index Investing News
March 28, 2026
0

Managed future strategies are gaining renewed attention as investors look for new sources of returns from the market at a...

Brand New Stock: AI Drone-Defense IPO

Brand New Stock: AI Drone-Defense IPO

by Index Investing News
March 20, 2026
0

A brand new stock just debuted in the hottest sector we’ve seen in years. It’s an AI drone-defense play in...

Planet Labs Stock Shoots to the Moon

Planet Labs Stock Shoots to the Moon

by Index Investing News
March 24, 2026
0

Space stocks have taken off on the back of both hype and substance. Investors don’t even bat an eyelid at...

Bob’s Discount Furniture reports Q4 results March 17 with Wa

Bob’s Discount Furniture reports Q4 results March 17 with Wa

by Index Investing News
March 16, 2026
0

Estimate momentum remains flat. Wall Street’s Q4 EPS consensus of $0.31 has held steady over the past seven days, with...

Next Post
What’s Listing And What’s Selling For  Million-Plus Across The Globe

What’s Listing And What’s Selling For $4 Million-Plus Across The Globe

Best Presidents’ Day Deals of 2023: Save on Furniture, Mattresses, Tech and More

Best Presidents' Day Deals of 2023: Save on Furniture, Mattresses, Tech and More

RECOMMENDED

Madonna Shares Rare Family Photo with All Six Kids on Thanksgiving

Madonna Shares Rare Family Photo with All Six Kids on Thanksgiving

November 26, 2022
Good FBI brokers have endorsed Donald Trump: ‘Contaminated by political bias’

Good FBI brokers have endorsed Donald Trump: ‘Contaminated by political bias’

November 4, 2024
Sasha Waltz’s ‘In C’ Marries Choreography and Improvisation

Sasha Waltz’s ‘In C’ Marries Choreography and Improvisation

April 26, 2022
MiB: William Cohan on GE & Jack Welch (+ Lazard, Goldman & Bear)

MiB: William Cohan on GE & Jack Welch (+ Lazard, Goldman & Bear)

February 4, 2023
Bitwise Information for Aptos ETF With SEC

Bitwise Information for Aptos ETF With SEC

March 6, 2025
Gangsta’s Paradise – The Reformed Broker

Gangsta’s Paradise – The Reformed Broker

August 1, 2023
Who Is Kane Fritzler? 5 Things About The ‘Survivor 44’ Contestant – Hollywood Life

Who Is Kane Fritzler? 5 Things About The ‘Survivor 44’ Contestant – Hollywood Life

March 29, 2023
Paris Hilton and Nicole Richie Match in Lengthy Sleeve Maxi Clothes at Vulture Competition in Los Angeles

Paris Hilton and Nicole Richie Match in Lengthy Sleeve Maxi Clothes at Vulture Competition in Los Angeles

November 19, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In