France opens probe into possible fraud over Volkswagen scandal: source

Published Fri, Oct 2, 2015 · 09:48 AM

[PARIS] Paris prosecutors have launched a preliminary investigation into possible fraud over the pollution-cheating software installed in diesel engines by German auto giant Volkswagen, a judicial source told AFP Friday.

The investigation was opened following information received from an elected official in the Paris region and also from public statements about the scandal that has engulfed VW, which has admitted 11 million vehicles worldwide are equipped with the software that dupes pollution emission testing.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales

Companies & Markets

France opens probe into possible fraud over Volkswagen scandal: source

Transport & Logistics

GM CEO Barra compensation fell 4% in 2023 to US$27.8 million

Boeing reports first revenue drop in 7 quarters as deliveries decline

Volkswagen to keep China market share stable as price war rages

COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill

Tesla profits tumble but shares rise on new vehicle plan

Volvo Cars see good demand this year after higher Q1 unit sales

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT