×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
11
Dec 2025
weather symbol
Athens 18°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Volkswagen faces reforms, oversight for three years under U.S. Settlement

A $4.3 billion settlement with U.S. regulators

Newsroom January 12 12:47

 

Volkswagen AG, as part of a $4.3 billion settlement with U.S. regulators, on Wednesday agreed to sweeping reforms, new audits and oversight by an independent monitor for three years to resolve diesel emissions cheating investigations.

 

Under the settlement of charges it installed secret software in U.S. vehicles to allow them to emit up to 40 times legally allowable pollution, the German automaker agreed to change the way it operates in the United States and other countries.

 

VW will separate the jobs of product development and certification and testing and monitoring into different organizations.

 

The independent monitor will have access to Volkswagen documents and assess the efforts of VW’s board of management and senior management to comply with environmental laws.

 

The monitor will file at least two follow-up reports with the Justice Department and conduct onsite interviews in Germany, the United States and potentially elsewhere with VW employees.

 

U.S. regulators said the reforms, which come after President-elect Donald Trump criticized the Environmental Protection Agency (EPA) for over-regulating U.S. industries, were an example of why vigorous environmental enforcement was needed.

 

“There are some structural changes that we are requiring so there is less ability for these types of things to happen,” EPA Administrator Gina McCarthy told reporters on Wednesday.

 

VW will plead guilty to three felonies and be on probation for three years.

 

In addition to oversight by an independent monitor, the company will also face separate annual environmental management systems audits over the next three years.

 

VW said in a statement Wednesday that its emission tests are now evaluated externally and independently. Over the next three years, VW must test all of its U.S. vehicles using portable emissions measurement system testing – a method designed to capture real world emissions and deter cheating. It must also provide new protections for whistleblowers.

 

Many of the required reforms – including those for whistleblowers – have been adopted recently by VW globally.The company’s Porsche unit will face separate audits and vehicle testing requirements.

 

McCarthy said the actions were needed to “level the playing field for all the responsible companies who always do the right thing.”

 

“Markets like this don’t manage or police themselves,” she said.

 

VW must within three months create a group steering committee for monitoring and complying with U.S. vehicle emissions laws and add new environmental protection provisions to its employee code of conduct.

 

VW faces fines of up to $50,000 a day if it fails to comply with some requirements – and up to a $1 million penalty if they make false statements to regulators.

>Related articles

Ukraine delivers its response to the US peace proposal for war with Russia

Donald Trump: launches $1 million “golden visa” for very rich immigrants

Lavrov: There is not even a thought of attacking Europe, but we will respond if they deploy in Ukraine

 

Source

 

Ask me anything

Explore related questions

#emissions#Settlement#usa#VW
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

“I gave first aid but he had multiple injuries”: Friend’s heartbreaking post about the fatal crash on Vouliagmeni Avenue

December 11, 2025

Italy: The non-profit organisation managing Florence Cathedral is the victim of a €30 million fraud

December 11, 2025

Christodoulides to Politico: Cyprus’ position in NATO’s cooperation program and de-escalation with Turkey

December 11, 2025

At least 600 objects of “significant cultural value” stolen from a Bristol museum

December 11, 2025

Florina municipality declared in a state of emergency after storm Byron

December 11, 2025

The man behind YouTube’s take-off: Indian CEO of the Year, Neil Mohan

December 11, 2025

Ukraine delivers its response to the US peace proposal for war with Russia

December 11, 2025

The Commission refers Greece to the EU Court of Justice for poor air traffic management

December 11, 2025
All News

> Culture

Italy: The non-profit organisation managing Florence Cathedral is the victim of a €30 million fraud

The fraud allegedly took place over a period of 6 months with money laundering and the issuing of false receipts - 9 people in temporary custody

December 11, 2025

At least 600 objects of “significant cultural value” stolen from a Bristol museum

December 11, 2025

Amphipolis: The polychromy of the Kasta Tumulus comes back to life with the help of research and technology – When it will open to the public

December 10, 2025

Dead next to the garbage: The truth about the horror of occupied Athens

December 10, 2025

Golden Globes 2026: Anticipation builds around nominations, surprises, and notable absences

December 9, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα