Volkswagen Says Newer Diesels May Have Illegal Defeat Device, Too

Volkswagen said Thursday that early versions of its EA 288 engines could have been equipped with the illegal emissions software at the heart of its diesel scandal, Reuters reported (via Automotive News).

The revelation would largely affect European cars, and could potentially expand the list of 11 million cars Volkswagen will be forced to recall this year.

U.S. cars using the “Generation 3” engine, which include 2015 models of the Volkswagen Golf, Jetta, Beetle and Passat and Audi A3, were already included in the stop-sale and notification by the Environmental Protection Agency.

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Ferrari Stock Races in First Day of Trading

Fiat Chrysler Automobiles chief Sergio Marchionne rang the opening bell Wednesday for Ferrari’s first day of trading on the New York Stock Exchange and shares of the supercar maker soared.

The stock, which was up as high as $60 per share, leveled off around $57 in mid-day trading.

“This is not really a car, it’s a unique expression of art and technology,” Marchionne told Bloomberg.

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Report: Volkswagen Suspends Quality Chief For 'Incriminating' Letters

Volkswagen has suspended its chief of quality control for “incriminating correspondence” it found regarding its illegally polluting diesel cars, German newspaper Bild (via Automotive News) reported Wednesday. Tuch was suspended last week, according to the Wall Street Journal.

Frank Tuch is the fifth high-ranking official suspended from Volkswagen because of the scandal. According to reports, Tuch wasn’t part of the company when it developed the EA 189 engines that have become the center of the cheating scandal. The former Lotus COO and Porsche quality control officer may have known about the illegal software after he joined the company in 2010.

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TTAC on The Trading Floor: Ferrari Good, Tesla Bad*

According to The Truth About Cars’ stock exchange bureau chief, Ferrari is good and Tesla is bad today.*

Tesla shares have dropped 10 percent on news today that Consumer Reports would pull its “Recommended” rating from the Model S because of concerns about the car’s reliability. That’s bad.

Also, initial shares of supercar-maker Ferrari may be going for more than expected due to the stock’s appeal on office walls and potential value people may find in owning another Ferrari-branded item beyond overpriced shirts.

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Here's The New Volvo V90 Wagon! (Model)

Car companies should know better than to send detailed drawings of unreleased cars to Chinese toymakers.

Because they don’t, here is the new Volvo V90 wagon in toy-car form. The wagon, which appeared on CarNewsChina, appears to take several cues from our newly favorite Swedish car, the XC90.

The wagon sports headlights from the XC90 as well as the front fascia from Alex Dykes’ favorite new car.

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Oslo, Norway Doesn't Want Your Stinking Cars, Man
Government officials in the capital city of Norway said Monday they would like to ban vehicles from a region in its city center by 2019 to reduce greenhouse gases, according to The Guardian.The plan has had mixed reaction according to the newspaper, Verdans Gang. There are only about 1,000 residents in the zone where vehicles may be banned, but roughly 90,000 workers commute there everyday, according to the newspaper. Residents have said that a ban on vehicles could add up to 45 minutes to their daily commute.In its statement, the Oslo city government said the city would be free from fossil fuels by 2030.
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Electric Saab 9-3 Lives On As Turkey's 'National Car'

The Turkish Science, Industry and Technology ministry announced last week that it had purchased the intellectual property rights — but not naming rights — to the second-generation Saab 9-3 that was most recently produced by National Electric Vehicle Sweden, according to Digital Trends.

According to the ministry, the car will be produced with 85 percent of its materials coming from the country, and will sport a face from the defunct Cadillac BLS.

The Swedish car company, who owns most of the shuttered Saab, sold the rights to the Turkish government after it stopped producing the all-electric Saab in 2014. The new car will be powered initially by some engine, according to the report, with the ministry working with NEVS to make an electric powertrain.

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Volkswagen Adds VIN Lookup to Diesel Information Site

Weeks after European Audi owners could look to see if their cars were affected by the Volkswagen cheating scandal, Volkswagen of America added a VIN lookup to its diesel scandal site (which is buried by Google) for U.S. owners, Auto Guide reported.

The service redirects to Volkswagen’s recall site, where owners can enter their vehicle’s VIN. During congressional testimony Oct. 8, VW of America chief Michael Horn admitted that the U.S. site didn’t include the VIN tool and agreed with representatives who said it would be a “good idea” to include that for American customers.

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Police Raid Volkswagen France Headquarters

Investigators in France seized documents and office equipment from Volkswagen offices there in connection with its inquiry into the automaker’s admission that it cheated emissions tests.

The raid, which happened on Friday, wasn’t reported until Sunday, according to the Wall Street Journal.

Investigators in Germany and Italy have already seized documents from Volkswagen’s respective headquarters in those countries relating to the scandal, which affects more than 11 million cars worldwide.

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Report: Multiple Versions of Cheating Software Developed by Volkswagen

Reuters reported that sources within Volkswagen and its ongoing investigation have said the automaker created multiple versions of its “defeat device” to cheat emissions tests.

The news agency said a manager within Volkswagen and an official close to the external investigation ordered by the automaker have revealed the multiple programs, which were developed for four different engine types.

If true, the multiple emissions programs could indicate a widespread cheating program — stretching nearly a decade — that could have needed funding to continue, which would be in stark contrast to the “rogue engineer” explanation offered by executives so far.

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Columnist: 'Normalization of Deviance' Led to Volkswagen Cheating

An investor and analyst argued in column that appears in the New Yorker that Volkswagen engineers may have rationalized illegal behavior by incrementally cheating up to the infamous levels uncovered by researchers last year.

Using the catastrophic failure of the space shuttle Challenger as an example, Paul Kedrosky wrote that “normalization of deviance” could have led Volkswagen engineers to systemically cheat on emissions in the same way engineers rationalized colder and colder launches for the space shuttle until it finally disintegrated in 1986 because of failed, cold o-rings.

It’s more likely that the scandal is the product of an engineering organization that evolved its technologies in a way that subtly and stealthily, even organically, subverted the rules.

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Volkswagen Bringing Next-generation Golf Cabrio to US

Volkswagen will bring the next-generatrion Golf Cabrio to the U.S., the first time since 2002, Car and Driver reported.

The next-generation convertible will be based on the Mark VII Golf and arrive sometime in 2017, according to the report. The Golf Cabrio fill the gap left by the Eos when that ends production — eventually.

The Golf Cabrio has been on sale in other markets, but has been absent from the U.S. lineup for more than a decade. The Golf Cabrio can be equipped with four different gasoline engines and two different diesel options worldwide, although the diesel option probably won’t be making an appearance.

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Transaction Roundup: Daimler Trades Legal Chief To Volkswagen For Player to Be Named Later

Volkswagen announced Friday that Christine Hohmann-Dennhardt would join the embattled automaker from a similar post at Daimler after receiving approval from that automaker’s board of directors.

The Daimler board member and former judge will join Volkswagen on its Board for Integrity and Legal Affairs to help the automaker clean up its severely tarnished image after it admitted it had cheated emissions tests on more than 11 million cars worldwide. From Daimler:

In the interests of the Good Corporate Governance of the German automotive industry, the Chairman of the Supervisory Board of Daimler AG has agreed to this request after consultation with the Presidential Committee of the Supervisory Board, after Compliance is anchored firmly at Daimler and its corporate culture.

(Emphasis mine on the sick, corporate burn.)

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Total Recall: Volkswagen Group Will Fix 8.5M Vehicles in EU

Volkswagen Group will recall 8.5 million vehicles in the European Union’s 28 member states, including the 2.4 million vehicles it is already being forced to recall by the KBA, Germany’s transportation authority, the automaker announced Thursday.

Vehicles from the Volkswagen, Audi, Seat and Skoda brands are included in the recall. The latest EA 288 diesel engine is not part of the recall.

Volkswagen said it will begin to rollout fixes in January 2016.

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FTC Looking Into Volkswagen's 'Clean Diesel' Claims Now

The Federal Trade Commission will join the U.S. Department of Justice and the Environmental Protection Agency in investigating claims that Volkswagen cheated consumers and regulators with bogus emissions claims of its diesel cars, Politico reported (via Bloomberg).

The FTC’s inquiry will focus on whether the German automaker lied to consumers about “clean diesel” claims in its advertisements when, in fact, the cars were engineered to deceive emissions tests.

The FTC, Justice Department and EPA’s investigations also joins an investigation by the U.S. Senate Finance committee on whether the automaker illegally obtained $50 million in federal subsidies through car buyers who purchased its cars and received the lean-burn technology motor vehicle credit.

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Germany Orders Volkswagen to Fix Dirty Diesels Faster

German transportation authority KBA on Thursday ordered the mandatory recall of 2.4 million Volkswagen cars with illegally polluting diesel engines, in part, because the German automaker’s proposed timetable wasn’t fast enough, Automotive News reported.

The forced recall will mean Volkswagen would likely spend more to fix its cars faster and German officials have told the automaker to submit a proposed fix by the end of November. Volkswagen initially planned for a voluntary recall to begin next year.

Authorities in Switzerland and Austria followed Germany and announced the forced recall would apply to those cars too, Bloomberg reported.

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Daimler Launches Internships For Refugees in Germany

Daimler announced Wednesday that it would help Germany’s growing refugee crisis by offering “bridge internships” to 40 people along with German classes, transportation for aid organizations and food donations.

The company would put to work some refugees who have flooded the country to escape violence in nearby Middle Eastern countries. In all, Daimler announced it would put to work “several hundred” refugees after a 14-week course in helping them to learn the nation’s language and construction practices.

Daimler joins Audi in offering help to refugees in Germany, after that automaker announced this summer that it would donate €1 million ($1.1 million) to aid organizations.

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Get Excited About BMW's M2, Just Not That Excited … Yet

On paper, the BMW M2 should deliver the full-boat of M-division goodies above the M235 — a car that has plenty of promise and fun, albeit at a price.

The M2, which BMW unveiled Tuesday, sports a fully fledged, electronically controlled rear differential, a modified oil sump, more power, wider stance and six-speed manual as standard. It tickles all the right notes for the well-heeled Munich enthusiast.

But the official announcement left plenty of questions about the car, which will go on sale next spring.

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New Volkswagen NA Boss Quits Before Taking Position

Chairman of Škoda Prof. Dr. Winfried Vahland, who was tapped to lead a new North American Volkswagen region, will be leaving the Volkswagen Group, it was announced Wednesday.

Vahland will not be taking the N.A. role which would have given him the responsibility of overseeing the U.S., Canadian and Mexican markets.

“Differing views on the organisation of the new Group region have led to this decision,” Škoda said in a release on Wednesday, though the automaker was careful to point out that “this decision is expressly not related to current events on the issue of diesel engines.”

A replacement for Vahland in North America has not yet been announced.

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Report: Volvo Will Enter Compact Crossover Market in 2018

Automotive News Europe reported that Volvo will offer a new compact crossover, based on a new architecture, in 2018 that will likely be called the XC40.

The crossover will be built in Ghent, Belgium and possibly in China, using the same platform being developed for compact cars in Europe.

The crossover will get Volvo power plants that include a hybrid variant. It would also likely get some sort of semi-autonomous driving feature as the Swedish automaker further develops its technology.

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No More LNTs for Volkswagen Diesels; Phaeton Goes All-electric

Volkswagen in Germany announced Tuesday that its diesel cars on sale in Europe and the U.S. would be fitted with an emissions-scrubbing urea tank instead of a lean nitrogen-oxide trap and the automaker would develop further its all-electric vehicles, starting with the Phaeton.

“The Volkswagen brand is repositioning itself for the future. We are becoming more efficient, we are giving our product range and our core technologies a new focus, and we are creating room for forward-looking technologies by speeding up the efficiency program,” Volkswagen passenger cars board chairman Herbert Diess said in a statement.

The automaker announced it would trim €1 billion ($1.1 billion) from current projects, but didn’t specify what three-row SUVs those projects would be.

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Mercedes Expanding AMG Brand, Asking Dealers To Pay For Upgrades

Mercedes-Benz will open performance centers at specific dealerships across the U.S. to expand the AMG brand from enthusiast sub-brand to mainstream performance line, Automotive News is reporting.

Dealers may have to pay up to $200,000 for extra showroom space and training, the report said. The automaker expanded its AMG brand this year with the Mercedes-Benz C450 AMG and GLE450 AMG, which are performance variants of those cars but stop short of the full-performance models.

The move is similar to how other luxury automakers watering down expanding their performance lines, such as Audi’s S-line and BMW’s M-division.

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Volkswagen Debt Downgraded; Company Asking For Supplier Help

Standard & Poor’s downgraded Volkswagen’s rating on long-term debt Monday, and said the company’s diesel scandal indicates poor management. The financial agency further warned that its debt rating could be cut further if the automaker doesn’t immediately address the deepening scandal, Bloomberg reported (via Automotive News).

“VW has demonstrated material deficiencies in its management and governance and general risk-management framework,” Alex Herbert, a London-based analyst at S&P, said according to Bloomberg. “VW’s internal controls have been shown to be inadequate in preventing or identifying alleged illegal behavior.” Further damage and other violations “represents a significant reputational and financial risk.”

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Report: Volkswagen's Reported Death and Injury Claims May Be Too Low

A study commissioned by Bloomberg, conducted by Stout Risius Ross, revealed that Volkswagen’s rate of injury or fatal crashes reported by the automaker was significantly lower than 11 other automakers and nine times less than the industry average.

“The data demonstrates that even on a fleet-adjusted basis, the number of reported incidents by Volkswagen is significantly below what one would expect based on those reported by other automakers,” Neil Steinkamp, a Stout Risius managing director, told Bloomberg. “They are also significantly below the reporting of automakers that have already been cited for non-compliance.”

The report calls into question whether Volkswagen has been accurately reporting crashes, as required by law. Volkswagen didn’t comment on the report.

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Volkswagens in The UK Won't Get Same Fixes as US Cars

Volkswagen’s chief in the United Kingdom told representatives Monday that cars in that country likely wouldn’t need expensive urea tanks retrofitted to those cars to comply with emissions standards, AutoCar reported.

Volkswagen UK managing director Paul Willis told members of parliament that most of the 1.2 million cars in that country fitted with illegal “defeat devices” to cheat emissions tests would only need a software fix and not an additional urea tank that is widely believed to be needed in U.S. cars. About 400,000 cars would need a fuel injector replacement instead of the costly tank.

It’s likely that many of the cheating Volkswagens in the U.S. would need all or a combination of three fixes — software update, fuel injectors and a urea tank — to bring those cars into compliance.

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Your First Ferrari (Share) Priced As Low As $48

Fiat Chrysler Automobiles on Monday finally priced its initial price offering for Ferrari at $48 and $52 per share for 10 percent of the luxury carmaker when its stock goes sale, the Detroit News reported. The pricing values Ferrari at roughly $9.8 billion — less than the $12 billion reported last week — and analysts say the interest in the stock, which will trade under the symbol RACE, is roughly 10 times higher than available shares.

The IPO is part of FCA’s long-term strategy to raise cash for investment in its own vehicles in Jeep, Dodge, Fiat, Chrysler and Maserati brands. According to paperwork filed ahead of the IPO, 10 percent of the company will remain with Ferrari scion Piero, 80 percent will be distributed among Fiat family ownership.

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Ferrari Reaching For $12.4B Valuation for IPO

The supercar maker may be valued at more than $12.4 billion ahead of its initial public offering, which could happen as early as Friday, Bloomberg (via Automotive News) reported.

Ferrari may price its shares Friday night when it offers 10 percent of the Maranello-based automaker to the public. The remaining ownership of the carmaker will remain largely with the same ownership group, comprised mostly of the Agnelli family and Piero Lardi Ferrari.

Fiat Chrysler Automobiles CEO Sergio Marchionne said in July that Ferrari would be worth roughly $11 billion, which analysts balked at being a little ambitious. Since then, Ferrari’s value may have climbed as Marchionne told investors that Ferrari wasn’t necessarily an automaker, but rather a luxury brand that could be more profitable than a traditional carmaker.

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Bosch Didn't Supply Cheating Software on Dirty Diesels

A former federal official and the Environmental Protection Agency said that German supplier Bosch didn’t supply Volkswagen — or other automakers — with cheating software, implying that Volkswagen engineers acted alone in deceiving emission tests, Reuters reported (via Automotive News).

According to the report, Bosch supplies the engine control management unit for most four-cylinder diesel passenger cars, including Mercedes-Benz, BMW and others. Both BMW and Mercedes have said their cars do not have software that cheats emission tests.

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Volkswagen in America CEO Had More Than One Year To Deal With Cheating Diesels

In a prepared statement released ahead of congressional testimony Thursday, Volkswagen of America CEO Michael Horn said the automaker knew of emissions issues last spring when West Virginia University researchers published findings that the automaker’s cars were illegally polluting. (Emphasis mine.)

In the spring of 2014 when the West Virginia University study was published, I was told that there was a possible emissions non-compliance that could be remedied. I was informed that EPA regulations included various penalties for non-compliance with the emissions standards and that the agencies can conduct engineering tests which could include “defeat device” testing or analysis. I was also informed that the company engineers would work with the agencies to resolve the issue.

(Should have followed up a little more on that email, probably.)

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Report: Volkswagen Lobbied for More Tax Credits for Diesels

Volkswagen lobbied hard in 2011 to receive the same — or higher — clean vehicle credits as electric cars, the New York Times reported Wednesday.

“They wanted a special deal for diesel cars that we now know weren’t even meeting the standard,” Margo Oge, a former director of the E.P.A. Office of Transportation and Air Quality, told the New York Times.

The LA Times reported that roughly $51 million in credits was paid by taxpayers in 2009 for diesel cars that lied about mileage and emissions — essentially a cheap bar trick.

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Volkswagen's Board Confirms New Chairman, Wishes Him Good Luck on Difficult First Day

Volkswagen’s supervisory board confirmed its appointment of Hans Dieter Pötsch to its top seat during a scandal rocking the 78-year-old automaker, the company announced Wednesday.

Pötsch said he would continue the investigation as chairman:

I will do my utmost to uncover the full truth of what happened. I am firmly resolved to make my contribution so that Volkswagen can win back the trust of customers, the public, investors and business partners. And I believe my central task is to play my part in guiding Volkswagen towards a successful future.

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Mller: Volkswagen Recalling European Cars Starting in January

Volkswagen CEO Matthias Müller told German authorities that the company would begin recalling cars in Europe in January and that fixes those cars take roughly one year to complete, Automotive News reported.

Müller told German newspaper Frankfurter Allgemeine Zeitung that the company found 9.5 million affected cars, not 11 million, that would need to be fixed. Müller didn’t specify what the fixes for cars would be, but said that the company was preparing “thousands” of solutions for its cars that cheated emission tests. Müller said the company would replace cars in certain circumstances.

It’s unclear when recalls for the 482,000 cars in the U.S. would start.

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Volkswagen CEO Mller Tells Employees That Future Won't Be 'Painless'

Speaking to roughly 20,000 employees in Wolfsburg on Tuesday, new Volkswagen CEO Matthias Müller outlined the big-picture view for the weeks, months and years ahead. (It’s not good, if you’re wondering.)

Anything that is not absolutely necessary will be cancelled or postponed. And it is why we will be intensifying the efficiency program. To be perfectly frank: this will not be a painless process.

The automaker plans “massive cutbacks” according to Reuters, but Müller stopped short of outlining specifics to slow production or lay off workers. The 62-year-old CEO told workers that the company hasn’t calculated the final toll lying about pollution levels in 11 million cars would take on the company.

… while the technical solutions to these problems are imminent, it is not possible to quantify the commercial and financial implications at present.

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Volkswagen Hasn't Found Their Fall Guys (or Gals) Yet

According to Reuters, Volkswagen may have suspended engineers — including top engineers for Audi, Volkswagen and Porsche — without any evidence.

According to the report, more than 10 engineers were suspended in the fallout after it became clear the automaker cheated its way through emissions tests in the U.S. and Europe. It’s not clear if the suspended engineers would be reinstated at the company.

Reuters reported that VW’s internal investigation revealed that the illegal “defeat devices” began appearing in cars around 2008 after engineers discovered that their engine, which was costly to produce, wouldn’t pass emissions tests.

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Rise of the Robot Cars: Volvo Making Autonomous Driving XC90s

Next year, Volvo said it would make available in Sweden 100 autonomous driving XC90s that will be capable of driving themselves on roughly 50 kilometers (31 miles) of roads near Gothenburg.

The technology, which is dubbed IntelliSafe Auto Pilot, adds self-driving to technology already available in its cars; under 30 mph Auto Pilot will drive an XC90 as long as it senses a hand on the steering wheel.

According to the automaker, the car will notify the driver if it enters a stretch of road where it can drive itself. The driver would need to pull both steering wheel-mounted paddles to engage the autonomous driving features. When the car is about to leave self-driving roads, it alerts the driver that they have one minute to regain control of the car or the XC90 will come to a stop.

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UK Researcher: Basically Every Diesel Automaker is Illegally Polluting

A researcher from Leeds University says that at least four other automakers’ cars are polluting above the legal limits for Europe, including Ford, BMW, Mazda and Mercedes-Benz, the Daily Mail reported.

James Tate, a researcher and lecturer at the university measured over 300 new cars to comply with new Euro 6 diesel emissions standards. According to Tate, Mazda’s diesel engines, on average, emitted more than six times the European limit for nitrogen oxide emissions in new cars. Ford’s cars may have polluted more, but Tate said the automaker’s sample size was too small to tell.

According to the report, Tate used a roadside sniffer for testing in the UK, similar to ones used in the United States.

“This research shows that building cars so they perform well in laboratory emissions tests but emit high amounts of NOx in real urban driving is an endemic practice across the industry,” Tate said, according to the Daily Mai l. “There is very little known about how the manufacturers conduct their tests because they take place behind closed doors.”

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German Authorities Say Volkswagen Was Alone in Cheating

German transportation authorities said Friday that Volkswagen can’t phone a friend for help, they’re on their own.

“At this point we have no indication of other manufacturers being involved,” a government spokesman, said according to Reuters (via Automotive News Europe).

Being the only automaker embroiled in the scandal — for now — means that Volkswagen will have to face alone the wrath from governments tripping over themselves to charge the automaker with just about anything they want. In the U.S., Volkswagen faces a pending congressional inquiry; in France, prosecutors have opened an investigation for “aggravated deception;” in Italy, the government’s antitrust authority has begun an investigation; in Switzerland — you get the idea.

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Audi Germany Creates Website to Identify Illegal Diesel Cars

Audi in Germany on Friday added information to its main website so customers can determine if their car is affected by an illegal “defeat device” included in 11 million Volkswagen Group cars.

Audi owners can identify if their cars will be part of the unprecedented recall by entering the car’s VIN into the website. Audi said it would roll out a similar service in separate, worldwide markets in coming days. Audi owners can also go to dealerships to see if their cars will require recall work.

Volkswagen created a website in the U.S. this week to answer preliminary questions for its owners, including a video message by Volkswagen of America CEO Michael Horn.

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Did Other OEMs Know Volkswagen Was Cheating?

While working on a story about some very old cars, I stumbled upon something relevant to the latest big story in the automotive world.

I ran into a Model T collector who’s also a powertrain engineer for Ford. Seizing the opportunity, I asked him if he could tell me what he was working on (sometimes they say no). He said that he was responsible for developing computerized engine controls. Because of that expertise, I started to ask him some questions about the software program that Volkswagen apparently used to cheat on the EPA’s diesel emissions testing.

What he was willing to say and what he wouldn’t say intrigued me.

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Report: Volkswagen Investigation May Take Months

A meeting of Volkswagen executives revealed Thursday that the internal investigation into how the company produced 11 million cars with illegal “defeat devices” to cheat emissions tests will take several months, Reuters (via Automotive News) reported.

The supervisory board said in light of the ongoing investigation, the automaker would push back its scheduled meeting in November, where it was expected to name Hans Dieter Pötsch as chairman.

“In view of the time available and the matters to be considered, it would not be realistic to provide well-founded answers which would fulfill the shareholder’s justified expectations,” it said according to Reuters, adding a court would appoint Poetsch to the board, after which he would be elected chairman.

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Jaguar Land Rover in U.S. Sticking With Diesel Despite Total Hatred

The head of Jaguar Land Rover’s operations in the U.S. said the automaker will stick with its plans to rollout diesel engines for its cars, including the Jaguar F-Pace next year.

Automotive News reported that CEO Joe Eberhardt said at a Detroit luncheon the automaker was “very confident” in the technology for its diesel cars.

“We are convinced of the benefits of diesels from a fuel economy and from an all-wheel drivability perspective, and that hasn’t changed,” Eberhardt said, according to Automotive News.

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Volkswagen Planning Capital Push to Raise Money For Scandal

Volkswagen may issue preferred shares to help raise money to deal with its growing diesel scandal, Reuters reported.

The German automaker may cut costs and boost cash flow before resorting to offering parts of the company to outside investors. According to the report, VW may find some willing investors to help bail the company out of its dire straights thanks to its healthy balance sheet and assets. However, if no one is willing to take the bait, the company may resort to more extreme cash-raising strategies that include selling ordinary stock, or even perhaps selling off some of its brands.

Reuters reported that sources said Volkswagen wasn’t considering selling any of its brands now. Fiat Chrysler Automobiles spun off luxury carmaker Ferrari this year, in part, to raise capital for other investments at the global automaker.

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German Prosecutors Backtrack on Winterkorn Focus for Investigation

German prosecutors on Thursday said they focused too quickly on former Volkswagen CEO Martin Winterkorn and removed a statement from earlier this week that they were investigating the former executive for the scandal that has engulfed the German carmaker.

In a statement by the Lower Saxony prosecutor’s office obtained by Automotive News Europe on Thursday, the office said there must be “concrete facts” before officially investigating Winterkorn. So far, no specific individuals have been named in the office’s investigation.

The stakes are high for whomever may be responsible for the 11 million cars that illegally cheated emissions tests. Volkswagen supervisory board member Olaf Lies told The Local in Germany that “those people who allowed this to happen, or who made the decision to install this software — they acted criminally. They must take personal responsibility.”

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Porsche's New CEO Oliver Blume is a Company Man

Porsche announced Wednesday that Oliver Blume would succeed Matthias Müller as CEO of Porsche, after Müller left to save head Volkswagen last week.

Blume, who is 47 years old, has been the head of Production and Logistics for Porsche since 2013, and was head of production and planning for Volkswagen before that. Blume was responsible for planning at Seat in Barcelona from 2004 to 2009, and worked on the Audi A3 before his tenure in Spain. According to Porsche, Blume has worked under the Volkswagen umbrella for more than 20 years.

Blume’s challenges at Porsche won’t be as extensive as Müller’s, but will be substantial. As CEO of Porsche, Blume will oversee the iconic 911’s shift to turbocharged four-cylinder engines, the next generation of Panameras and whatever comes of the Mission E electric car concept.

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After Missing Drivers, Australian Authorities Go After UberX Cars

Officials in New South Wales, Australia are banning UberX cars from their roads for three months after failing to prosecute their drivers, the Sydney Morning Herald reported.

Authorities charged 24 drivers with violating the state’s taxi laws, saying the UberX car-sharing service couldn’t properly monitor and vet its 4,000 drivers in Sydney. Those charges were dropped due to “evidentiary issues” and the drivers avoided fines up to $70,000.

Now the state says it’ll ban private UberX cars from the road instead.

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Volkswagen Will Recall, 'Refit' 11 Million Cars in Coming Days

New Volkswagen CEO Matthias Müller told about 1,000 high-level managers Monday that the company had a “comprehensive” fix for its cars, and that the solution would be forthcoming.

“We are facing a long trudge and a lot of hard work,” Müller said, according to Reuters.”We will only be able to make progress in steps and there will be setbacks.”

Müller said the company would ask consumers “in the next few days” to bring their cars in to be refitted. It’s unclear if the recall program would be a software or ECU fix, or if it would include a selective catalytic reduction system (urea or AdBlue) to bring the diesel Volkswagens down to a legal emissions level.

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German Prosecutors Investigating VW's Former Chief Winterkorn

A criminal complaint in Germany (that could have been filed by anyone) has prompted an investigation into whether former Volkswagen CEO Martin Winterkorn knew the automaker was selling cars with an illegal “defeat device” to fool emissions test, Reuters reported.

Several complaints have been filed with German prosecutors, including one from within Volkswagen, according to the Chicago Tribune.

Winterkorn’s investigation may take months — or even years — as German authorities look into how widespread cheating and lying was at the automaker.

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Audi: More Than 2 Million Cars Worldwide Have Illegal Software

Audi said that 2.1 million of its cars worldwide have been fitted with illegal software to help it cheat emissions tests, Reuters reported.

The automaker announced that multiple models including the A1, A3, A4, A5, A6, TT, Q3 and Q5 were affected by the “defeat device” uncovered by researchers, which is grinding Volkswagen to an unimaginable halt.

Roughly three-quarters of the affected Audis were sold in Western Europe, including 577,000 in Germany alone, according to the report.

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Tesla To Open Up Supercharger Network To Other EVs

Tesla owners always enjoyed rapid recharging thanks to the automaker’s Supercharger network. Soon, this privilege will be extended to other EVs.

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Volkswagen Warned About Cheating As Early As 2007

While the EPA recently revealed Volkswagen’s diesels were cheating emissions tests, two newspapers learned VW was warned about cheating as early as 2007.

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Suzuki Divorces Volkswagen, Sells Stake To Porsche

Suzuki announced Saturday it will sell its 1.5 percent stake in Volkswagen to Porsche next week, finalizing the divorce between the two automakers.

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Swiss Officials Issue Temporary Volkswagen Diesel Sales Ban

Volkswagen’s pain parade marches on, this time to Switzerland, which has temporarily banned sales of the automaker’s diesels.

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Report: Taxpayers Paid $20.7 Million For 'Clunker' Volkswagen Diesels

Justin Hyde at Yahoo Autos has fine, fine reporting that U.S. taxpayers paid more than $20 million in incentives for Volkswagen diesel models under the “Cash for Clunkers” program.

According to the report, 4,599 VW Jetta and Jetta Sportwagen diesel cars qualified for the maximum $4,500 incentive under the program. Those cars were equipped with a 2-liter turbocharged diesel engine that the Environmental Protection Agency said used an illegal defeat device to cheat emissions.

The Yahoo report follows a report by the L.A. Times that shows that more than $51 million was paid to Volkswagen by the U.S. for now-bogus “green” claims.

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Automakers' Denials of Cheating Actually Faster Than Many of Their Cars

This week, Daimler, BMW, Jaguar Land Rover and Fiat Chrysler Automobiles issued statements on how their diesel cars don’t cheat like someone else you may’ve heard of.

“The BMW Group does not manipulate or rig any emissions tests,” BMW said in a statement Thursday. “We observe the legal requirements in each country and fulfill all local testing requirements.”

BMW’s admission is notable because the automakers’ X3 diesel model was targeted by the independent commission that discovered that Volkswagen’s cars illegally polluted.

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Matthias Mller Will Take Over At Volkswagen, Vahland Becomes Horn's Boss

Making official Friday what we’ve heard for a while ( Der Tagesspiegel reported on Monday), Porsche CEO Matthias Müller will take the reigns at Volkswagen.

Müller replaces Martin Winterkorn, who resigned after the Environmental Protection Agency notified Volkswagen that 482,000 cars in the U.S. used an illegal “defeat device” to cheat emissions.

In a statement Müller said that restoring trust in the automaker would be his first priority:

My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation.

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This is Why Volkswagen Won't Pay $18 Billion

It’s entirely possible that the Environmental Protection Agency could levy the largest ever civil penalty for Clean Air Act violations against Volkswagen after the automaker lied about emissions from their diesel engines.

In 2014, the government agency fined Hyundai and Kia $100 million for spewing 4.75 million metric tons of greenhouse gases above what they reported for 1.1 million cars.

For Volkswagen, using the EPA’s own penalty worksheet (which is apparently a thing), the fine may be substantially more than that levied against the Korean automakers — about $3.15 billion more.

Here’s how we got that number.

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Report: Matthias Mller to Take Over Volkswagen

According to the Wall Street Journal, Porsche CEO Matthias Müller will take over as CEO at Volkswagen following Martin Winterkorn’s resignation Wednesday.

Müller, who is 62 years old, took over as CEO of Porsche in 2010, where he expanded the sports car-maker’s lineup to include more crossover vehicles. Müller is a Volkswagen AG lifer: before becoming CEO of Porsche, Müller was in charge of all Audi and Lamborghini product lines, and had been at Audi since 1977.

On Monday, German newspaper Der Tagesspiegel reported that Müller would replace Winterkorn by the end of this week.

According to the report, Müller will be seen as a compromise CEO who is friendly to rank-and-file VW workers.

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Don't Cry For Winterkorn Just Yet; Former CEO Could Get $67M Handshake

Ousted Volkswagen CEO Martin Winterkorn could receive up to $67 million after leaving the automaker on Wednesday, depending on how his exit pay is calculated.

According to the Wall Street Journal, Winterkorn had amassed at least $34 million in his pension by 2014 ( was stock included?) and his exit pay would be roughly two years of his current former $17 million annual compensation.

He’d also be entitled to a company car. There are plenty he could choose from right now.

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Dirty Diesel Report Sinking BMW As Volkswagen Fallout Grows

German magazine Auto Bild reported Thursday that the diesel BMW X3 exceeded by 11 times allowable limits of nitrogen oxide in a growing scandal started by Volkswagen’s admission it had cheated on emissions tests. BMW shares tumbled 5 percent Thursday morning after the news.

“All measured data suggest that this is not a VW-specific issue,” International Council on Clean Transportation Europe Managing Director Peter Mock told the German magazine.

BMW denied any deception, telling USA Today in an email that it “does not manipulate or rig any emissions tests.

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Koda CEO Tipped to Take Over Volkswagen US, Horn Out

The Chairman of the Board of Management for Škoda, Prof. Dr. h.c. Winfried Vahland, is expected to replace Michael Horn as CEO of Volkswagen of America, reports Automotive News.

The news is just the latest in a number of rumors regarding a massive executive shuffle following the departure of Volkswagen AG CEO Martin Winterkorn on Wednesday.

During the U.S. launch of a refreshed 2016 Passat in New York on Monday, Horn said: “Our company was dishonest with the EPA, and the California Air Resources Board and with all of you. And in my German words: We have totally screwed up.”

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  • Redapple2 jeffbut they dont want to ... their pick up is 4th behind ford/ram, Toyota. GM has the Best engineers in the world. More truck profit than the other 3. Silverado + Sierra+ Tahoe + Yukon sales = 2x ford total @ $15,000 profit per. Tons o $ to invest in the BEST truck. No. They make crap. Garbage. Evil gm Vampire
  • Rishabh Ive actually seen the one unit you mentioned, driving around in gurugram once. And thats why i got curious to know more about how many they sold. Seems like i saw the only one!
  • Amy I owned this exact car from 16 until 19 (1990 to 1993) I miss this car immensely and am on the search to own it again, although it looks like my search may be in vane. It was affectionatly dubbed, " The Dragon Wagon," and hauled many a teenager around the city of Charlotte, NC. For me, it was dependable and trustworthy. I was able to do much of the maintenance myself until I was struck by lightning and a month later the battery exploded. My parents did have the entire electrical system redone and he was back to new. I hope to find one in the near future and make it my every day driver. I'm a dreamer.
  • Jeff Overall I prefer the 59 GM cars to the 58s because of less chrome but I have a new appreciation of the 58 Cadillac Eldorados after reading this series. I use to not like the 58 Eldorados but I now don't mind them. Overall I prefer the 55-57s GMs over most of the 58-60s GMs. For the most part I like the 61 GMs. Chryslers I like the 57 and 58s. Fords I liked the 55 thru 57s but the 58s and 59s not as much with the exception of Mercury which I for the most part like all those. As the 60s progressed the tail fins started to go away and the amount of chrome was reduced. More understated.
  • Theflyersfan Nissan could have the best auto lineup of any carmaker (they don't), but until they improve one major issue, the best cars out there won't matter. That is the dealership experience. Year after year in multiple customer service surveys from groups like JD Power and CR, Nissan frequency scrapes the bottom. Personally, I really like the never seen new Z, but after having several truly awful Nissan dealer experiences, my shadow will never darken a Nissan showroom. I'm painting with broad strokes here, but maybe it is so ingrained in their culture to try to take advantage of people who might not be savvy enough in the buying experience that they by default treat everyone like idiots and saps. All of this has to be frustrating to Nissan HQ as they are improving their lineup but their dealers drag them down.