The carmaker is also expected to announce a settlement with states, including New York, for about $400 million
The settlement includes $10 billion to offer buybacks to owners of about 475,000 polluting vehicles
Settlement also includes $2.7 billion for environmental mitigation and another $2 billion for research on zero-emissions technology
A separate settlement with nearly all US state attorneys general over excess diesel emissions will be announced on Tuesday
The warrant is the first to be levelled against a Volkswagen executive after the scandal came to light
This is the first warrant to be levelled against a Volkswagen executive in relation to the emissions scandal
Volkswagen is still far from drawing a line under the scandal, with the costs of the affair still incalculable
American regulators first began asking Volkswagen questions about suspicious emissions data in mid-2014
VW was plunged into its deepest-ever crisis when it came to light last September that it had installed emissions-cheating software
A growing stack of government and private studies has made increasingly clear that Volkswagen was hardly the only company to flout pollution limits
At Rs 5.14 lakh, ex-showroom, Thane, the car is competing with Maruti's Dzire, priced at Rs 5.52 lakh
The company said that the recall is purely voluntary in nature as it did not face any charges regarding violating emission norms in India
A total of 323,700 cars of Volkswagen, SkodaAuto and Audi were to be recalled under a decision announced December last year
Confiscated models include Audi's A1 and A3 and Volkswagen's Golf
Company's net profit slumped by 20.1% in January-March period, on a 3.4% decline in sales
Net profit figure fell short of the 2.44 billion euros expected by analysts surveyed by financial information provider FactSet
The German company has invested Rs 720 crore to make the sub-4 meter car
This marks company's entry into compact sedan segment
The automaker reportedly was "on track to meet the court deadline" of June 21 for a deal with the govt and car owners who sued them for billions of dollars
The news came amid growing signs a regulatory clampdown in the wake of VW's cheating is affecting the broader industry.