201509.22
0
0

Volkswagen or Audi Diesel Owner? You Have Been Defrauded

Friday the U.S. Environmental Protection Agency accused Volkswagen of installing sophisticated software on nearly 500,000 U.S. vehicles to manipulate emissions tests. The technology tricks regulators into believing that four-cylinder diesel cars comply with emissions standards, but the cars are actually emitting harmful pollutants at rates of up to 40 times acceptable standards. Volkswagen quickly halted sales of the cars after the allegations surfaced. The U.S. Justice Department has opened a criminal probe into the automaker’s actions. The EPA has an investigation, and foreign regulators are expected to launch their own probes.Volkswagen has acknowledged “a notable deviation between bench test results and actual road use” in the affected vehicles.
Volkswagen said it would set aside 6.5 billion euro, or $7.3 billion, in its third quarter to address the matter and warned that the number could change. In the U.S., the EPA could fine Volkswagen up to $37,500 per car, which would equal a maximum fine of $18 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *