Spontaneous Heating: More than 74,000 American and Canadian Audis recalled for fuel leakage, engine failure risk
Toronto, Ontario — The NHTSA and Transport Canada are recalling a flurry of Audi and Volkswagen vehicles, following warnings that up to two percent of affected vehicles are equipped with faulty fuel components that could result in engine fires in a worst-case scenario. This Tuesday, the NHTSA reported that Volkswagen Group of America is recalling […]
Tuesday Ticker: May 3, 2022
Toronto, Ontario — This week, LKQ beats out analyst estimates with its Q1 2022 earnings report; Volkswagen considers Canada for future electrified business and Tesla CEO Elon Musk makes a deal to buy Twitter. LKQ’s leap LKQ reported its Q1 2022 earnings last week, beating out analyst estimates with earnings of US$1 per share. Zacks […]
Combustion Bust: Volkswagen will be CO2 neutral in Europe by 2050
Wolfsburg, Germany – German car makers, Volkswagen, will cease the production of combustion engines in Europe by 2035. “In Europe, we will exit the business with internal-combustion vehicles between 2033 and 2035, in the United States and China somewhat later,” Klaus Zellmer, Volkswagen board member for sales, told the Muenchner Merkur newspaper. “In South America […]
Sunroof Saga: Ontario women’s sunroof shatters after shutting door, Volkswagen won’t pay
Tillsonburg, Ontario — Only three weeks after an Ontario woman purchased a 2021 Volkswagen Tiguan her sunroof shattered from potentially something as simple as shutting the door. Michelle Tupper of Tillsonburg, Ont., grabbed her wallet from her car and then closed the door of the vehicle and the “back window just completely smashed right out,” […]
Volkswagen agree $290 million settlement following emissions cheating scandal
By Tom Davis Ajax, Ontario — January 15, 2018 — Volkswagen has agreed to a settlement worth up to $290.5 million in Canada after diesel vehicles under the Volkswagen, Audi and Porsche brands were caught up in an emissions cheating scandal. The agreement, which is still subject to court approval, will see the company make […]
