By on November 14, 2015

Volkswagen Polo

Update: A spokesman for Volkswagen of America said U.S. cars aren’t affected. 

Volkswagen announced Friday that more than 400,000 of its cars with “irregularities” in reported carbon dioxide emissions were new cars, which could shed new light on how many more cars the beleaguered automaker would have to pay for.

This month, Volkswagen announced 800,000 cars emitted more carbon dioxide than reported to regulators. Of those cars, Volkswagen announced Friday that 430,000 were 2016 models across many of the automaker’s brands including Volkswagen, Audi, Skoda and Seat. It’s unclear how many older models may be added to the list of cars that emit more carbon dioxide.

When Volkswagen announced it lied about carbon dioxide emissions the automaker estimated that it would cost up to $2 billion to fix.

Volkswagen hasn’t yet announced how much the diesel scandal would cost the company, although some analysts have estimated that the scandal could cost much more than initially estimated. A Barclays analyst said Friday that the scandal could cost more than $26 billion by 2017, according to Bloomberg.

The automaker may meet with banks on Monday to acquire more than $21 billion in “bridge financing” to cope with the financial strain of its growing crises.

The list of cars that could emit more carbon dioxide is comprised of mostly European-only cars and diesel-powered models currently affected by the company’s diesel scandal. Included on the carbon-dioxide list are Volkswagen GTI and Golf R models that were sold in the U.S. but wouldn’t be affected, according to a Volkswagen spokesman.

According to Bloomberg, Volkswagen may submit Monday its plan to German authorities to fix 1.6-liter diesel models that have been illegally polluting. That fix for its smaller engines may only be a software update, according to the report.

The automaker has not announced its plans for fixing 482,000 cars affected in the U.S.

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30 Comments on “Volkswagen Says 430,000 New Cars Cheated CO2 Levels...”


  • avatar

    Just buy a “greener” car like a 6.2-L HELLCAT…so you can save the environmentz.

  • avatar
    pdl2dmtl

    Uh-oh, the gangrene is spreading. VW = dead man walking?

  • avatar
    callmeishmael

    VW are borrowing 2X their post tax profits just to fill the hole they dug for themselves. New product development and R&D are going to be starved. This may break up the gang, with the VW nameplate going somewhere while Porsche and Audi remain in Germany.

  • avatar
    APaGttH

    So when does the death watch start.

  • avatar

    The VW nameplate isn’t going anywhere.

    At worst, you’ll get 10 to 20 years of development-starved products that are worse than they are right now and they won’t be able to chase the #1 sales crown for another 20 years. But word of VW’s demise is being highly exaggerated.

  • avatar
    WhiskeyRiver

    Where are all the folks that laughed early on when I said this was going to break VW? They may not survive? Huh?

    • 0 avatar
      dantes_inferno

      >Where are all the folks that laughed early on when I said this was going to break VW? They may not survive? Huh?

      Anyone with any semblance of logic and reason will tell you that it’s still to early to call that one.

      I suggest you relax, put down the whiskey bottle and refrain from the drama queenery until this controversy plays itself out

    • 0 avatar
      hreardon

      If GM and Chrysler could survive both of their brushes with death, so will Volkswagen. Some things that have a good likelihood of occurring are:

      1. SEAT is finally put to sleep; Factory capacity (and workers) go to Audi, who already uses SEAT factory capacity to build the Q3;
      2. Lambo, Bentley and Bugatti will be told to make their existing product lines (fairly fresh, though they are) last longer than originally planned;
      3. VW Commercial vehicles may get spun off;
      4. VW will use this as an opportunity to finally grab some concessions from the unions;
      5. VW starts chopping more quickly: eliminates niche models, unprofitable models, vanity projects.
      6. VW and Audi both extend product lifecycles an additional 24 months or so and force designers and engineers back to the tables to reduce costs where possible

      None of this is rocket science. Volkswagen just needs to ensure they have the necessary cash flow to keep running. Slowing down new product introductions / product development timelines and streamlining operations will go a long way. Volkswagen has never been known to be run in a very efficient manner and this crisis will give them the impetus to push through some very long needed reforms and make some very hard choices that they’ve punted on for some time now.

  • avatar
    Joss

    And the next volcanic eruption produces how much sulphuric acid and co2 from incineration?

    For the 100 it should be prison and bra & pantie time.

    • 0 avatar
      Drzhivago138

      Hmm, I dunno, let’s ask the United States Geological Survey:

      http://volcanoes.usgs.gov/hazards/gas/climate.php

      Oh, look at that. It takes 2.7 days for humans to match the emissions of a year’s worth of eruptions.

      • 0 avatar
        kosmo

        Plenty of material on that side of the issue. No argument.

        But let’s not forget that there was at least one time in recent geologic history with much higher CO2 levels and much lower temperatures.

        • 0 avatar
          Drzhivago138

          What time was that?

          I ask not because I immediately don’t believe you, but because I’m genuinely interested in knowing more. It’s hard to put tone into a written question.

          • 0 avatar
            RideHeight

            http://www.skepticalscience.com/co2-higher-in-past-intermediate.htm

            “If climate scientists were claiming CO2 was the only driver of climate, then high CO2 during glacial periods would be problematic. But any climate scientist will tell you CO2 is not the only driver of climate.”

          • 0 avatar
            Frylock350

            @Drzhivago138,

            Geology is an awesome science! The earth’s historical climates have been pretty damn diverse and amazing to learn about. Continental drift is another huge factor in climate. The presence of two large continents separated by a shallow sea (tethys sea) in the Mesozoic gave the dinosaurs a nearly global tropical climate that led to the dense amounts of plant growth that sustained the large sauropods. We are technically still in an ice age.

            Its also quite fascinating to see how life changes and evolves after major climate change. During the end of the Permian period the Earth experienced extreme global warming that lead to the most gruesome extinction event we know about. However some animals adapted and spread and filled new niches. One of these survivors were tiny little synapsids that eventually became the earliest mammals. As Jeff Goldblum’s character in Jurassic park says; life will find a way.

          • 0 avatar
            Lorenzo

            Frylock50, funny that you mention continental drift. That was mentioned in the first car review I read at TTAC, way back when Robert Farago was in charge. As I recall, the car being reviewed was the Pontiac Grand Prix with the base engine. The reviewer mentioned the acceleration in a race and put his money on continental drift! The reviewer also noted that it was the last year for that car, and you could pick one up for a song. His advice? Don’t. 2005 – it seems like only yesterday.

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