Germany's Transportation Chief Wants To Retest Every Volkswagen Now

Aaron Cole
by Aaron Cole
germany s transportation chief wants to retest every volkswagen now

German authorities said Wednesday that they would retest all Volkswagen cars — regardless of engine type or brand — for emissions compliance, Reuters reported.

German transportation minister Alexander Dobrindt expressed his “irritation” with the automaker that more cars were being added to the deepening scandal. On Monday, the Environmental Protection Agency notified the automaker that some of its 3-liter diesel models may contain an illegal “defeat device” to fool emissions tests.

Volkswagen denied the allegations by the EPA that its 3-liter diesel models contained illegal software. On Wednesday, Audi and Porsche issued stop sales for their cars that contained the engine. As of Wednesday afternoon, Volkswagen hadn’t yet pulled the Touareg TDI — which the EPA alleged polluted up to nine times the legal limit of nitrogen oxides — from its online configurator.

The growing list of cars affected by Volkswagen’s massive emissions scandal is brutally punishing the company’s balance sheet. The company’s stock sank 10 percent Wednesday on the latest news. Volkswagen’s stock has erased roughly 60 percent of its value since its 1-year high in March.

When the company announced Monday that 800,000 additional cars may pollute more carbon dioxide than the automaker admitted, Volkswagen said that could cost them $2.1 billion alone. So far, the company has set aside more than $7 billion to pay for its diesel scandal, but analysts suggest that will be far from enough to pay for the flap.

“These new claims pose further challenges to Volkswagen’s financial flexibility and competitive position, and heighten Moody’s concerns about Volkswagen’s internal control and governance issues, thus further weakening its rating profile,” Yasmina Serghini, Moody’s lead analyst for VW, told Reuters.

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  • APaGttH APaGttH on Nov 04, 2015

    Say what your u want about GM, they handled things a lot better. VAG needs to come clean or they are sunk.

  • Dusterdude Dusterdude on Nov 04, 2015

    I'm surprised at the depth of the past deception. I worked for an alternate German automaker for 3 years (from 2008 - 2011) and was amazed at how they constantly preached "transparency", and they actually did "walk the talk", with lots of "checks and balances".. My presumption at the time was that other German OEM's operated in a similar fashion -- boy was that perception wrong !

  • NotMyCircusNotMyMonkeys for that money, it had better be built by people listening to ABBA
  • Abrar Very easy and understanding explanation about brake paint
  • MaintenanceCosts We need cheaper batteries. This is a difficult proposition at $50k base/$60k as tested but would be pretty compelling at $40k base/$50k as tested.
  • Scott ?Wonder what Toyota will be using when they enter the market?
  • Fred The bigger issue is what happens to the other systems as demand dwindles? Will thet convert or will they just just shut down?