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According to this study, which was publish at The Journal of Industrial Economics the Volkswagen emissions scandal had a statistically significant negative effect on the number of transactions in the secondary market involving the affected models (nearly -18 percent) and on their resale price (nearly -6 percent). The study also find that the ...
The 2009 Volkswagen Jetta Diesel Sedan was awarded Green Car of the Year.The award was rescinded in early October 2015. On 18 September 2015, the United States Environmental Protection Agency (EPA) said beginning in 2008 the car maker fraudulently installed engine control unit (ECU) software determined to be a "defeat device", in violation of the Clean Air Act, to circumvent environmental ...
Some cars' emissions were higher even though there was no manipulated software. Scandals relating to higher-than-reported emissions from diesel engines began in 2014 when the International Council on Clean Transportation (ICCT) reported discrepancies between European and US models of vehicles. This began with the Volkswagen emissions scandal.
Volkswagen said Tuesday about 11 million of its cars were fitted with Type EA 189 engines that had shown a "noticeable deviation" in emission levels between testing and road use. The company sold ...
Ulrich Baumgarten/Getty ImagesVolkswagen CEO Martin Winterkorn By Andreas Cremer BERLIN -- Volkswagen (VLKAY) said a scandal over falsified U.S. vehicle emission tests could affect 11 million of ...
WASHINGTON (Reuters) -The U.S. Supreme Court on Monday rejected Volkswagen AG's bid to avoid lawsuits filed by officials in three states seeking damages stemming from the German automaker's diesel ...
The emissions violations include cars produced by Volkswagen's American division, where Horn is currently CEO. Horn has admitted his company "screwed up" by using the vehicle's software to reduce emissions when it detects an emission testing, but allowing the diesel engines to produce pollutants above the legal limit under normal operating ...
A former Volkswagen manager, who is on trial over the carmaker's emissions-cheating scandal, blamed company culture on Thursday for his and others' silence on the matter, but said he would have ...