Volkswagen’s Diesel Deception


Volkswagen Says 11 Million Cars Worldwide Are Affected in Diesel Deception
By JACK EWING  ,   SEPT. 22, 2015

FRANKFURT — The scope of Volkswagen’s diesel scandal broadened on Tuesday, when the company said that 11 million of its diesel cars worldwide were equipped with the same software that was used to cheat on emissions tests in the United States.

The German automaker said it was setting aside 6.5 billion euros, or about $7.3 billion, to cover the cost of fixing the cars to comply with pollution standards. That could have a big impact on the company’s profits, which totaled €12.7 billion last year.

The carmaker’s statement was its first admission that diesel cars outside the United States may contain the software that led the Environmental Protection Agency to accuse the company of deliberately evading pollution tests. Previously, Volkswagen had acknowledged only that the problem affected about 500,000 vehicles in the United States.

Read the latest article, Sept 23, 2015