VW: 11m Diesels In Global Emissions Scandal
The embattled car rock hard admits software used to equipment harass tests may have been used in some eleven million vehicles worldwide.
11:06, UK, Tuesday twenty two September two thousand fifteen
The Volkswagen emissions-testing scandal has taken a dramatic turn, with the company admitting that eleven million of its diesel cars may be implicated worldwide.
VW made the revelation in a statement which also confirmed it was setting aside €6.5bn (£Four.7bn) to cover costs related to the issue – very first raised by regulators in the United States last Friday – and warned the bill could rise.
US authorities said the stiff had deliberately circumvented clean air rules on diesel cars through the use of software which was triggered when cars were undergoing harass tests.
The so-called “defeat devices” meant that true emission levels, as much as forty times the level legally permitted in the US, were hidden.
The company was ordered to recall 482,000 cars and told it could face financial penalties totalling more than $18bn in the US alone.
The UK’s Society of Motor Manufacturers and Traders sought to distance local car makers from the growing VW scandal.
It says cars sold within Europe have to meet stringent tests – overseen by an independent observer – before they are permitted on the road.
“So there’s a very different system in Europe from the US,” the society’s Michael Hawes told Sky News.
“There’s been no evidence that this is anything other than one particular company. And indeed I think it would be wrong to infer that. it’s an industry-wide problem.”
The International Council for Clean Transportation, which helped uncover the VW scandal, agrees there is no evidence to suggest other car makers have been using similar tactics.
But the group’s senior fellow, John German, has told Sky News that the same questions about emissions testing should be asked the world over.
“Clearly agencies have to be vigilant, and that applies to every country,” Mr German said.
“It’s not just Europe, it’s China, it’s India. You need agencies that can be vigilant and can monitor and enforce requirements if manufacturers are found not to be compliant.”
VW’s statement on Tuesday confirmed that many more cars were fitted with the testing software worldwide.
It said: “Further internal investigations conducted to date have established that the relevant engine management software is also installed in other Volkswagen Group vehicles with diesel engines.
“For the majority of these engines the software does not have any effect.
Discrepancies relate to vehicles with Type EA one hundred eighty nine engines, involving some eleven million vehicles worldwide.
It said it was announcing the cash provision of €6.5bn as part of its efforts to win back trust from customers and pledged to communicate “transparently” in its future updates.
Following a 19% drop in its share price on Monday, shares in VW were down a further 20% on Tuesday.
It meant that its market value had plunged by more in two days than the combined value of Renault and Peugeot. 
There is growing speculation in Germany that the chief executive of VW, Martin Winterkorn, is to be ousted at a meeting of its executive committee on Friday.
In a statement, Mr Winterkorn said he was “deeply sorry” for what had happened and vowed to make amends.
“Please believe me when I say we will do everything to repair the harm. We will do everything to regain your trust step by step.” 
Manufacturers other than VW, which are under pressure to say whether they have ever deployed similar software in their cars, have also been caught in the crossfire.
Shares in the likes of BMW, Peugeot and Renault were also down on Tuesday despite no evidence of involvement.
VW did not provide a breakdown of the number of vehicles which may be affected in each country but its statement followed suggestions that UK diesel owners could see their vehicles recalled.
VW: 11m Diesels In Global Emissions Scandal
VW: 11m Diesels In Global Emissions Scandal
The embattled car rigid admits software used to equipment harass tests may have been used in some eleven million vehicles worldwide.
11:06, UK, Tuesday twenty two September two thousand fifteen
The Volkswagen emissions-testing scandal has taken a dramatic turn, with the company admitting that eleven million of its diesel cars may be implicated worldwide.
VW made the revelation in a statement which also confirmed it was setting aside €6.5bn (£Four.7bn) to cover costs related to the issue – very first raised by regulators in the United States last Friday – and warned the bill could rise.
US authorities said the rock-hard had deliberately circumvented clean air rules on diesel cars through the use of software which was triggered when cars were undergoing harass tests.
The so-called “defeat devices” meant that true emission levels, as much as forty times the level legally permitted in the US, were hidden.
The company was ordered to recall 482,000 cars and told it could face financial penalties totalling more than $18bn in the US alone.
The UK’s Society of Motor Manufacturers and Traders sought to distance local car makers from the growing VW scandal.
It says cars sold within Europe have to meet rigorous tests – overseen by an independent observer – before they are permitted on the road.
“So there’s a very different system in Europe from the US,” the society’s Michael Hawes told Sky News.
“There’s been no evidence that this is anything other than one particular company. And indeed I think it would be wrong to infer that. it’s an industry-wide problem.”
The International Council for Clean Transportation, which helped uncover the VW scandal, agrees there is no evidence to suggest other car makers have been using similar tactics.
But the group’s senior fellow, John German, has told Sky News that the same questions about emissions testing should be asked the world over.
“Clearly agencies have to be vigilant, and that applies to every country,” Mr German said.
“It’s not just Europe, it’s China, it’s India. You need agencies that can be vigilant and can monitor and enforce requirements if manufacturers are found not to be compliant.”
VW’s statement on Tuesday confirmed that many more cars were fitted with the testing software worldwide.
It said: “Further internal investigations conducted to date have established that the relevant engine management software is also installed in other Volkswagen Group vehicles with diesel engines.
“For the majority of these engines the software does not have any effect.
Discrepancies relate to vehicles with Type EA one hundred eighty nine engines, involving some eleven million vehicles worldwide.
It said it was announcing the cash provision of €6.5bn as part of its efforts to win back trust from customers and pledged to communicate “transparently” in its future updates.
Following a 19% drop in its share price on Monday, shares in VW were down a further 20% on Tuesday.
It meant that its market value had plunged by more in two days than the combined value of Renault and Peugeot. 
There is growing speculation in Germany that the chief executive of VW, Martin Winterkorn, is to be ousted at a meeting of its executive committee on Friday.
In a statement, Mr Winterkorn said he was “deeply sorry” for what had happened and vowed to make amends.
“Please believe me when I say we will do everything to repair the harm. We will do everything to regain your trust step by step.” 
Manufacturers other than VW, which are under pressure to say whether they have ever deployed similar software in their cars, have also been caught in the crossfire.
Shares in the likes of BMW, Peugeot and Renault were also down on Tuesday despite no evidence of involvement.
VW did not provide a breakdown of the number of vehicles which may be affected in each country but its statement followed suggestions that UK diesel owners could see their vehicles recalled.