A new Volkswagen (VW) car is seen in the foreground as new cars of the Volkswagen group are parked ready for shipping at the car terminal of the port of Bremerhaven. 	Photograph: Getty 2:33

German chancellor Angela Merkel told a German radio station the emissions scandal around German carmaker Volkswagen was “drastic” but the damage wa(...)

Building materials group CRH tracked industry rivals to close 1.3 per cent down at €23.09. Photograph: Brenda Fitzsimons.

European shares closed higher, as firmer utility stocks and gains on the Lisbon bourse before weekend elections in Portugal propped up markets in spi(...)

A Volkswagen Golf 2.0 TDI being measured for emissions at a repair shop in Frankfurt. Photograph: Patrick Pleul

The official Irish numbers are out: 79,348 Irish motorists own cars fitted with software designed to cheat emissions tests. A further 30,000 used impo(...)

Planet Business

Image of the Week: Olympic meltdown This is Rio de Janeiro’s Museu do Amanha, or the Museum of Tomorrow. The attraction of the future is under const(...)

Traders work on the floor of the New York Stock Exchange. REUTERS/Brendan McDermid

An initially positive start to the quarter for stocks in Europe and the United States fizzled out as a mostly disappointing batch of economic reports (...)

Volkswagen has confirmed the number of Irish cars from Audi, Skoda, Seat, and VW cars and commercials affected by the scandal. 2:14

Volkswagen has confirmed that 79,348 Irish cars feature the software designed to cheat emissions tests. It said 34,387 Volkswagen passenger cars, 16,(...)

The NSAI stressed that a wrongly-calibrated meter does not necessarily mean people were deliberately trying to overcharge customers. Photograph: Cyril Byrne / The Irish Times

Over one in five weighing scales in shops provided inaccurate weights last year while a third of taxi metres were also found to be flawed according to(...)

Scandal-hit car giant said it was going to “refit” the estimated 11 million vehicles worldwide. Photograph: Karl-Josef Hildenbrand/EPA

Volkswagen yesterday confirmed nearly 1.2 million vehicles in Britain were affected by software designed to cheat emissions tests. The German car-mak(...)

Seat has admitted that more than 700,000 of its cars had been caught in the scandal. The Spanish government is demanding the VW Group refund a green tax.

Spain has joined the list of countries demanding Volkswagen pay back subsidies it received on its “green” clean diesel models. While the US$51 million(...)

Volkswagen UK have confirmed around 1.2 million vehicles in Britain, including Audi, Seat and Skoda cars, were affected by the emissions software at the centre of an investigation into rigging of vehicle emissions tests.

Volkswagen UK said around 1.2 million vehicles in Britain, including Audi, Seat and Skoda cars, were affected by the emissions software at the centre (...)