22 Sep '15, 12pm

VW: 11 Million Diesels Had Cheating Software, $7.3 Billion Set Aside; Criminal Probe Reported

VW: 11 Million Diesels Had Cheating Software, $7.3 Billion Set Aside; Criminal Probe Reported

By John Voelcker 739 views Sep 22, 2015 Follow John Add to circle Grille - 2014 Volkswagen Jetta Sportwagen 4-door DSG TDI Enlarge Photo Volkswagen AG said today it would adjust its third-quarter earnings to set aside $7.3 billion (€ 6.5 billion) for costs related to its admission that it used software to cheat on U.S. emissions tests of its diesel engines. That sum will "cover the necessary service measures and other efforts to win back the trust of our customers," it said. The software, VW said, has been installed in 11 million diesel vehicles sold globally. DON'T MISS: VW Diesel Emissions Recall: What You Need To Know In 10 Questions The announcement came as the company learned that Germany's EPA equivalent, the Federal Motor Transport Authority (Kraftfahrtbundesamt, or KBA), has started its own investigation into TDI emission levels. In addition, the U.S. Justice Depar...

Full article: http://www.greencarreports.com/news/1100146_vw-11-million...

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VW Admits 11 Million Diesels Globally Are Cheating

hybridcars.com 22 Sep '15, 9pm

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treehugger.com 22 Sep '15, 2pm

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gas2.org 22 Sep '15, 9pm

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spectrum.ieee.org 22 Sep '15, 3pm

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spectrum.ieee.org 23 Sep '15, 5am

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inhabitat.com 23 Sep '15, 3pm

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greencarreports.com 21 Sep '15, 4pm

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greencarreports.com 24 Sep '15, 3am

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spectrum.ieee.org 21 Sep '15, 2pm

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treehugger.com 22 Sep '15, 7pm

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greencarreports.com 23 Sep '15, 1pm

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hybridcars.com 22 Sep '15, 6pm

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VW Halts 2015 4-Cylinder Diesel Sales In Wake of Emissions Cheating Allegations

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hybridcars.com 21 Sep '15, 1pm

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