France has launched a judicial investigation into German car giant Volkswagen for allegations of fraud relating to the emissions by its diesel cars, the latest legal action to be taken in the global Dieselgate scandal.

France launches legal probe into VW in Dieselgate scandal

A federal judge said he was optimistic a resolution would be reached after twice postponing a hearing to give the parties more time to talk

Volkswagen, regulators get more time to seek emissions deal

The agreement foresees $3.9 billion in annual savings at VW's namesake brand, which will involve 23,000 job cuts in Germany alone

Volkswagen to cut 30,000 jobs at VW brand by 2021 to boost profits: Source

Volkswagen, barred from selling diesel vehicles in the US, will continue making payments as part of its $16.5 billion settlement to date