volkswagen scandal
The Volkswagen-owned manufacturer will invest $1 billion and create more than 1,000 new jobs in Germany.
The auto giant admitted to a cheating on a CO2 emissions test, too.
The troubled carmaker suspects the camshaft lobe may shear off reducing engine and brake power.
WHAT'S HAPPENING
Among the diesel models officials named as being in violation of U.S. laws are the Porsche Cayenne sport utility vehicle and five Audi models.
Not a victimless crime.
After admitting that it had rigged cars to cheat on emissions tests, the company has posted its first loss in more than a decade.
"Either your organization is incompetent, or they are complicit."