Dieselgate: Volkswagen to plead guilty to settle charges

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Dieselgate: Volkswagen to plead guilty to settle charges

"Volkswagen AG is pleading guilty on all three counts of the allegations because it is guilty of all three counts, and Volkswagen AG has admitted those facts", Doess said, via USA TODAY.

VW will execute corporate reforms and submit to regular audits as well as general oversight by an outside agency for the next three years. The judge overseeing the case in the US District Court in Detroit accepted the plea and will issue a sentence at a hearing on April 21.

Manfred Doess, a lawyer for the German automaker, told Reuters his clients would plead guilty to conspiracy to commit fraud, obstruction of justice and entry of goods by false statement, which is akin to false advertising.

The federal government said VW knowingly deceived US regulators by rigging the diesel-powered cars to meet the standards to sell 600,000 Volkswagen and Porches in the United States.

Those attorneys argue that the fines proposed by the USA government are not don't compensate some consumers who opted out of civil settlements and that the agreement protects Volkswagen's US subsidiaries in other litigation.

Doess, a tall man with reddish blonde hair, wore a dark gray suit, white shirt, striped tie and glasses for the hearing, said admitted that Volkswagen employees designed software meant to cheat on emissions and that some employees destroyed documents after they knew the company was under investigation.

The US Justice Department and VW have argued that the company has already agreed to significant restitution. "I just want more time to reflect and study". The motion also noted that Volkswagen is also spending close to $10 billion on the buybacks and also the compensation for close to 500,000 vehicle owners and nearly all agreed upon to take part. It is charged with installing the cheat device in 580,000 vehicles in the US.

Since then, the company has been working on a number of settlements with environmental regulators, customers, dealers, and federal prosecutors. Many of them are believed to reside in Germany and it isn't clear whether they will travel to the U.S.to face charges. One executive is in custody and awaiting trial and another pleaded guilty and agreed to cooperate.

The world's largest auto producer Volkswagen is due to plead guilty on Friday in a United States court in Detroit.

Takata Corp.in January pleaded guilty to criminal wrongdoing and agreed to $1 billion in penalties to resolve an investigation of the Japanese supplier's handling of rupture-prone air bags linked to numerous death and injuries and historic recalls. Officials stopped short of saying the software was created to cheat emissions tests as Volkswagen's did.

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