Monday, 2 November 2015

business








Volkswagen took a big step toward making amends for its emissions scandal.
The German automaker said Tuesday it plans to recall up to 11 million vehicles worldwide containing software that manipulated pollution tests on diesel engines.
The cars will be refitted to remove the software, though the company didn’t provide details on how the fix will allow the cars to conform to emissions standards or affect performance and mileage.
Volkswagen will also build websites in the countries where it sold the affected cars to provide drivers with information on the recalls, which could end up costing the carmaker more than $6.5 billion.
About 482,000 are in the U.S. and 2.8 million are in Germany. They include 5 million Volkswagen brand cars, 2.1 million Audi models, 1.8 million VW delivery vans, 1.2 million vehicles from the Skoda unit and 700,000 from Spain’s Seat unit.
“This scandal has put VW under an extremely negative light,” Max Zanan, CEO of auto dealership consulting firm IDDS Group, told the Daily News.
“Not only has the company betrayed their consumers trust, but they went on further to deceive federal regulators. Try as they may, this recall can’t and won’t turn things around for them,” Zanan said.