With regards to the latest
notice issued by the United States Environmental Protection Agency (EPA) for violation of the
Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America,
Inc., the Volkswagen Group has admitted that during the course of
internal investigations irregularities were found when determining type
approval CO2 levels. Based on present knowledge around 800,000 vehicles from
the Volkswagen Group could be affected. An initial estimate puts the economic
risks at approximately US $ 2.19 billion.
This is over and above the approximately
11 million vehicles affected because of the software tinkering that the company
had done on its cars for diesel engine emissions manipulations for which it
faces a US $ 18 billion penalty.
READ ALL ABOUT THE DIESEL EMISSION SCAM
According to the latest press
release issued by Volkswagen, the Board of Management of Volkswagen AG will
immediately start a dialog with the responsible type approval agencies
regarding the consequences of these findings. This should lead to a reliable
assessment of the legal, and the subsequent economic consequences of this not
yet fully explained issue.
Under the ongoing review of
all processes and workflows in connection with diesel engines it was
established that the CO2 levels and thus the fuel consumption figures for some
models were set too low during the CO2 certification process. The majority of
the vehicles concerned have diesel engines.
"From the very start I
have pushed hard for the relentless and comprehensive clarification of events.
We will stop at nothing and nobody. This is a painful process, but it is our
only alternative. For us, the only thing that counts is the truth. That is the
basis for the fundamental realignment that Volkswagen needs", Matthias
Müller, CEO of Volkswagen Aktiengesellschaft, said, and added, "The Board
of Management of Volkswagen AG deeply regrets this situation and wishes to
underscore its determination to systematically continue along the present path
of clarification and transparency."
In cooperation with the
responsible authorities, Volkswagen will do everything in its power to clarify
the further course of action as quickly as possible and ensure the correct CO2
classification for the vehicles affected. The safety of the vehicles is in no
way compromised. A reliable assessment of the scale of these irregularities is
not yet possible. An initial estimate puts the economic risks at approximately
two billion euros, the release added.
More trouble for Volkswagen as EPA issues 2nd notice
Just a day earlier, the United
States Environmental Protection Agency (EPA) had stated that it is issuing a
second notice of violation (NOV) of the Clean Air Act (CAA) to Volkswagen AG,
Audi AG and Volkswagen Group of America, Inc. This NOV is also being issued to
Porsche AG and Porsche Cars North America. These five companies are
collectively referred to as Volkswagen (VW). The NOV alleges that VW developed
and installed a defeat device in certain VW, Audi and Porsche light duty diesel
vehicles equipped with 3.0 litre engines for model years (MY) 2014 through 2016
that increases emissions of nitrogen oxide (NOx) up to nine times EPA’s
standard. The vehicles covered by the latest NOV are the diesel versions of:
the 2014 VW Touareg, the 2015 Porsche Cayenne, and the 2016 Audi A6 Quattro, A7
Quattro, A8, A8L, and Q5.
READ REPORT ON SECOND NOTICE TO VOLKSWAGEN
Source: EPA / Volkswagen