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Volkswagen says 11 mln cars hit by scandal, probes multiply

Tuesday, September 22, 2015 17:58
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A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order

Volkswagen says 11 mln cars hit by scandal, probes multiply | 22 Sept 2015 | Volkswagen AG said a scandal over falsified U.S. vehicle emission tests could affect 11 million of its cars around the globe as investigations of its diesel models multiplied, heaping fresh pressure on CEO Martin Winterkorn. The world's largest automaker said it would set aside 6.5 billion euros ($7.3 billion) in its third-quarter accounts to help cover the costs of the biggest scandal in its 78-year-history, blowing a hole in analysts' profit forecasts. It also warned that amount could rise, saying diesel cars with so-called Type EA 189 engines built into Volkswagen models worldwide had shown a “noticeable deviation” in emission levels between testing and road use.



Source: http://www.legitgov.org/Volkswagen-says-11-mln-cars-hit-scandal-probes-multiply

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