VOLKSWAGEN

An Israeli company at the heart of the driverless car revolution has a unique idea for overcoming one of autonomous driving’s biggest hurdles.

Speaking at CES 2016, Herbert Diess apologized to Americans for Dieselgate.

The German automaker saw sales drop 5 percent in the American market, but still plans to proceed with an SUV push.

The connected, autonomous and electric vehicles that will change the auto industry are on display this week in Las Vegas.

The German automaker faces billions in federal penalties, and criminal charges against executives could still be filed.

Germany's DAX Index, which outperformed most of its global peers, ended a volatile year up nearly 9.6 percent. In 2016, the index is expected to gain 9.8 percent.

More than 2,000 Caddy minivans have been recalled over possible spontaneous engine starts, a Russian news agency reported.

Volkswagen is dealing with the fallout of a global scandal after it was revealed that the company installed software on some of its vehicles to cheat on emissions tests.

In the wake of its emissions scandal, Volkswagen hires Ken Feinberg, who ran compensation funds related to the 9/11 attacks, BP oil spill and GM's ignition-switch crashes.

The German automaker admitted in September that it had rigged emissions tests by equipping diesel vehicles with a cheating software.

U.S. automobile brands in Europe registered strong gains in November as Volkswagen continued to suffer due to subdued demand after the diesel emissions scandal.

In China, an environmental group filed a lawsuit against the German carmaker while in India, an official body is considering a plea to ban its vehicles.

Volkswagen has agreed on steps to improve oversight of engine-software development to avoid future manipulations after its admission of cheating U.S. diesel-emissions tests caused the biggest scandal in the German carmaker's corporate history. Correspondent Grace Pascoe reports.

Volkswagen's chairman said the scandal-tainted automaker will improve oversight of its engine-software department and revamp its corporate structure.

Volkswagen's chairman said Thursday that defending the company’s market position in the wake of the emissions scandal will be difficult.

Volkswagen had initially estimated that as many as 800,000 vehicles, mostly in Europe, emit harmful gases at levels higher than previously known.

The German automaker also registered a 25 percent decline in sales in the U.S. for November after it pulled out its diesel cars from the market there.

The automaker's owners are set to address company workers Wednesday at its factory in Wolfsburg, Germany.

The German automaker is awaiting approval from regulators on a series of low-cost fixes for about 8.5 million diesel vehicles in Europe.

Analysts have said that the cost of fines, lawsuits and vehicle refits caused by Volkswagen's rigging of diesel emissions tests worldwide could top $42 billion.

Volkswagen revealed in November that it had understated the level of carbon dioxide emissions and fuel usage in around 800,000 cars.