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Volkswagen India to offer 6 airbags across all variants of 5-star GNCAP Taigun, Virtus models

by AIP Online Bureau | Jun 3, 2024 | Data, Regulation, Risk Management, Technology

“Our portfolio of India 2.0 cars will offer six airbags as standard across the line-up. With this, we are showcasing our commitment towards safer mobility,” Brand Director at Volkswagen Passenger Cars India Ashish Gupta said Mumbai:German premium car maker...

Dieselgate: Volkswagen’s $54 million settlement with Italian owners

by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

In the settlement, over 60,000 car owners affected by the emissions fraud will be paid up to 1,100 euros each, Italian consumer group Altroconsumo said in a statement. The scandal rocked the automotive industry in 2015 when it emerged that vehicles had been fitted...
Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship

Volkswagen faces lawsuits in Germany over Porsche EV battery triggering fire in cargo ship

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

The case was brought by half a dozen plaintiffs, including Mitsui OSK Lines Ltd., the ship’s operator, and Allianz SE, one of the insurers of the vessel, according to a spokesman for the tribunal. The plaintiffs claim that the fire originated from the lithium-ion...

Volkswagen sued by investors in Germany for not disclosing alleged private climate lobbying activities

by AIP Online Bureau | Oct 23, 2022 | International News, Non-Life

A group of Swedish public pension funds, Danish AkademikerPension and the Church of England Pensions Board filed the suit at a German court seeking to make VW include an item about their lobbying activities to the agenda of its shareholder meeting. If successful, the...
Volkswagen faces mounting scrutiny on human rights violations in China, risk insurance declined by Berlin

Volkswagen faces mounting scrutiny on human rights violations in China, risk insurance declined by Berlin

by AIP Online Bureau | Jun 21, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Berlin recently declined a Volkswagen request to renew risk insurance for the company’s Chinese operations over the human rights concerns, according to a person familiar with the matter Volkswagen AG faces mounting pressure to address allegations of human rights...
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