Volkswagen to buy back diesel cars in $1B redress deal
VW, the U S government and private lawyers reached a deal to buy back about 600,000 diesel cars and pay over $1 billion to owners. The plan may vary by model year and engine, with some receiving repairs and others cash. details on per vehicle amounts and fixes are pending court guidance.
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Mitsubishi admits falsified fuel tests in latest scandal
Mitsubishi Motors acknowledged intentional falsification of fuel mileage data for models including the eK wagon and Dayz family. The probe covered 157,000 in house and 468,000 Nissan co produced minicars from March 2013 onward. company president Tetsuro Aikawa apologized and vowed further investigation, with EPA review forthcoming.
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EU widens antitrust probe into Google Android practices
The EU expands its case against Google alleging Android favors its own apps and ads, with Margrethe Vestager citing reduced consumer choice and potential innovation harm. A so called Statement of Objections signals a lengthy battle. Google denies wrongdoing and pledges cooperation.
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Google
Margrethe Vestager
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Kent Walker
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