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VW owners can expect recall information this week VW owners can expect recall information this week
(35 minutes later)
Volkswagen is to poised to tell 11 million motorists in their next few days that it needs to recall their vehicles as the carmaker prepares its response to the emissions scandal that has rocked the company. Volkswagen is poised to tell 11 million motorists in their next few days that it needs to recall their vehicles as the carmaker prepares its response to the emissions scandal that has rocked the company.
Matthias Müller, the new chief executive of VW, told a meeting of the company’s top 1,000 managers on Monday night that a comprehensive plan has been drawn up to ensure vehicles fitted with a defeat device meet emissions standards.Matthias Müller, the new chief executive of VW, told a meeting of the company’s top 1,000 managers on Monday night that a comprehensive plan has been drawn up to ensure vehicles fitted with a defeat device meet emissions standards.
This plan will be submitted to regulators, and customers will be contacted in the next few days about having their vehicles refitted.This plan will be submitted to regulators, and customers will be contacted in the next few days about having their vehicles refitted.
Müller told leading staff at the company’s headquarters in Wolfsburg, Germany, that it was “facing the severest test in its history” and “a long trudge and a lot of hard work,” according to a Reuters report.Müller told leading staff at the company’s headquarters in Wolfsburg, Germany, that it was “facing the severest test in its history” and “a long trudge and a lot of hard work,” according to a Reuters report.
VW is facing the crisis after US authorities alleged that the German company had cheated emissions tests on diesel vehicles.VW is facing the crisis after US authorities alleged that the German company had cheated emissions tests on diesel vehicles.
The company has admitted that 11m vehicles worldwide were fitted with defeat devices and is poised to recall them all. VW has said that 5m Volkswagen-branded cars are affected as well as 2.1m Audis, 1.2m Skodas, 700,000 Seats, and 1.8m light commercial vehicles.The company has admitted that 11m vehicles worldwide were fitted with defeat devices and is poised to recall them all. VW has said that 5m Volkswagen-branded cars are affected as well as 2.1m Audis, 1.2m Skodas, 700,000 Seats, and 1.8m light commercial vehicles.
Since the scandal broke, VW’s share price has fallen by a third. The company faces fines of up to $18bn (£11.9bn) but also one of the biggest legal claims in history from customers and shareholders around the world.Since the scandal broke, VW’s share price has fallen by a third. The company faces fines of up to $18bn (£11.9bn) but also one of the biggest legal claims in history from customers and shareholders around the world.
German prosecutors have opened an investigation into Martin Winterkorn, the former boss of the world’s biggest carmaker, over the emissions scandal.German prosecutors have opened an investigation into Martin Winterkorn, the former boss of the world’s biggest carmaker, over the emissions scandal.
As a senior German politician expressed concerns about the effects on the wider economy, Winterkorn became the subject of a preliminary inquiry by prosecutors in Braunschweig, close to VW’s headquarters, into possible fraud relating to the sale of vehicles with manipulated emissions data.As a senior German politician expressed concerns about the effects on the wider economy, Winterkorn became the subject of a preliminary inquiry by prosecutors in Braunschweig, close to VW’s headquarters, into possible fraud relating to the sale of vehicles with manipulated emissions data.
VW had been given a deadline of 7 October to produce a plan for the 11m vehicles affected.VW had been given a deadline of 7 October to produce a plan for the 11m vehicles affected.