Volkswagen AG agreed Wednesday to plead guilty to three felony counts and pay a $2.8 billion criminal penalty for selling 590,000 diesel vehicles in the United States by cheating on federal and state emissions tests and lying to regulators.
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The Federal Bureau of Investigation reportedly arrested a Volkswagen compliance officer who will face charges of conspiracy to defraud the United States for his role in VW's diesel emissions cheating scandal.
Volkswage AG said in a statement Sunday that German prosecutors have extended an investigation into alleged market manipulation to include two board members including chairman Hans Dieter Poetsch.
A Volkswagen engineer who worked in Germany and the United States pleaded guilty Friday for a long-running conspiracy to trick U.S. regulators and VW buyers with software that cheated U.S. emissions tests for hundreds of thousands of “clean diesel” vehicles.