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Volkswagen can be sued anywhere in the EU, says top court
by Staff Writers
Luxembourg (AFP) July 9, 2020

Volkswagen can be sued for damages linked to the "Dieselgate" scandal anywhere in the EU, a top court ruled on Thursday, handing a setback to the auto giant that faces a wave of court cases.

The case stemmed from Austria, where a consumer organisation is seeking at least 3.6 million euros ($4.1 million) on behalf of hundreds of car owners.

"A motor vehicle manufacturer whose unlawfully manipulated vehicles are resold in other member states may be sued in the courts of those states," a court statement said.

Since the scandal broke, Volkswagen has had to deal with numerous legal actions, both criminal and civil.

A top German court ruled in May that Volkswagen must buy back a diesel car it had modified, a decision that could influence outcomes in thousands of other "Dieselgate" cases.

One of the next major trials expected in Germany is that of former Audi boss Rupert Stadler, who is due to appear in court from September 30.

The total bill for the Volkswagen scandal is expected to exceed 30 billion euros, including several billion in the United States to compensate customers.

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Elon Musk mocks regulators, short-sellers as Tesla soars
San Francisco (AFP) July 2, 2020
Tesla founder Elon Musk on Thursday mocked securities regulators and short-sellers in series of tweets as the tech entrepreneur celebrated his firm's rise as the world's most valuable carmaker. The taunts came as shares in the electric carmaker revved on the news it produced more than 82,000 vehicles and delivered approximately 90,650 in the recently ended quarter despite production being disrupted due to the coronavirus epidemic. Tesla shares finished the official trading day up nearly eight pe ... read more

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