by Isabelle Roussel and Biodun Iginla, BBC News, Berlin
1 hour ago
Meanwhile, Italian police have raided VW offices in Verona and Lamborghini offices in Bologna.
Reports suggest Italian prosecutors are investigating alleged commercial fraud.
Separately, the man tipped to become VW's North America boss has resigned.
The company said Winfried Vahland was leaving because of "differing views on the organisation of the new group region".
Last month, authorities in the US discovered some VW diesel cars had been fitted with a device to cheat emissions tests. The carmaker subsequently admitted that up to 11 million cars worldwide could have the device fitted.
The company has launched a thorough investigation into the scandal, but new chairman Hans Dieter Poetsch has warned that answers would take "some time".
VW has set aside €6.5bn ($7.4bn; £4.8bn) to cover the costs of the scandal, but some experts believe the final bill could be much higher.
Shares in the company recovered slightly last week but are still down almost 20% since the scandal broke in the middle of September.
1 hour ago
Volkswagen
has been ordered to recall 2.4 million cars in Germany by the country's
automotive watchdog as a result of the diesel emissions scandal.
German
media reports suggest the KBA earlier rejected VW's proposals that car
owners could voluntarily bring their cars in for repair.Meanwhile, Italian police have raided VW offices in Verona and Lamborghini offices in Bologna.
Reports suggest Italian prosecutors are investigating alleged commercial fraud.
Separately, the man tipped to become VW's North America boss has resigned.
The company said Winfried Vahland was leaving because of "differing views on the organisation of the new group region".
Last month, authorities in the US discovered some VW diesel cars had been fitted with a device to cheat emissions tests. The carmaker subsequently admitted that up to 11 million cars worldwide could have the device fitted.
The company has launched a thorough investigation into the scandal, but new chairman Hans Dieter Poetsch has warned that answers would take "some time".
VW has set aside €6.5bn ($7.4bn; £4.8bn) to cover the costs of the scandal, but some experts believe the final bill could be much higher.
Shares in the company recovered slightly last week but are still down almost 20% since the scandal broke in the middle of September.
-
The man who discovered the VW scandal
-
VW questioned by Parliament
-
American lessons for VW in Britain
-
Volkswagen: A brief history
-
The unanswered VW questions
-
The deals that lure us to buy new cars
-
Help! I'm a VW car owner
-
Volkswagen: The scandal explained
-
What next for VW?
-
VW could face long legal nightmare
-
VW boss Winterkorn's rise and fall
-
Car emission tests: Fit for purpose?
-
VW scandal threatens 'Made in Germany' brand
-
VW emissions scandal: Your reaction
No comments:
Post a Comment