


Ex-VW execs guilty in emissions scam
A German court on Monday convicted four former Volkswagen managers of fraud and gave two of them prison sentences for their part in the manipulation of emissions controls, almost a decade after the scandal erupted over the company’s rigging of diesel-engine vehicles.
The former head of diesel development was sentenced to four and a half years in prison, and the head of drive train electronics to two years and seven months by the court in Braunschweig, German news agency dpa reported. Two others received suspended sentences of 15 months and 10 months.
The scandal began in September 2015 when the U.S. Environmental Protection Agency issued a notice of violation. saying that the company had rigged engine control software that let the cars pass emissions tests while they emitted far more pollution in actual driving.
The company has paid more than $33 billion in fines and compensation to vehicle owners.
Volvo cutting 3,000 jobs
Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the automotive industry faces challenges from trade tensions and resulting economic uncertainty.
The company said Monday that around 1,200 of the job reductions would come among workers in Sweden, with another 1,000 positions currently filled by consultants, mostly in Sweden, also slated for elimination.
The rest of the job losses would be in other global markets. Most of the jobs being cut are office positions.
— Boston Herald Wire Services