Monday, September 21, 2015

Volkswagen targeted by US authorities for the exhaust gases: the title collapses – The Republic

Milan – Volkswagen collapses on the Stock Exchange and gets to lose more than 20% after admitting that he had falsified the measurement of exhaust gas diesel vehicles sold in the US to circumvent environmental standards. One false move could cost 18 billion dollars of sanctions and for the moment involves a halt to the sale of the diesel models (both VW Audi) in the United States. The news came directly from a company spokesperson, the day after the admission of the misdeed: “We admitted before the authorities, now we cooperate actively,” they said as reported by Spiegel . A stance that has already led to the withdrawal of 500 thousand cars sold in the US, followed by the massive sale of securities of the group on the Frankfurt Stock Exchange.

In order to regain confidence, the director of the group, Martin Winterkorn, has announced the launch of an independent inquiry to clarify what happened: “I apologize personally in any way, to have lost the trust of our customers and the public. What has happened to us all of the directors and for me personally top priority. One thing, however, must be clear, Volkswagen does not tolerate any violation of the rules or the law “and then” will do everything possible to recover the lost confidence. We work with the authorities in order to complete and clarify the whole affair quickly and transparent, “said the number one car manufacturer.

The news can not reach the top floors of the government: from Berlin do know of” wait adequate information “from VW group, which “Now it should work closely with the American authorities.” The German engine, has added the government “should consider whether even in Germany there have been similar manipulations”: if this were true, it would be an incredible risk given that in Europe, sales of diesel cars are much higher than in the US. The German Ministry of the Environment has indicated that “short meetings are also planned between the government,” and the president Winterkorn.

On Saturday, the Agency for Environmental Protection (EPA) the US had ordered the recall of nearly 500 thousand vehicles from the German accused of breaking the law by installing software to circumvent environmental standards to reduce smog in Audi cars and Volkswagen 4-cylinder engine produced between 2009 and 2015. It is a software that can detect when the machine is subjected to the emissions test, in order to keep active the control system on emissions only in that period of time. At other times, it is accused EPA, vehicles pollute much more than announced by the manufacturer. The software was created to hide the emission of nitrogen oxide.

“Use a defeat in the machines to circumvent environmental standards it is illegal and a threat to public health,” said Cynthia Giles, official EPA. The allegations concern about 482mila Automobiles diesel sold in the United States since 2009: the Volkswagen Jetta, Beetle, Golf and Passat and the Audi A3.

Topics :
Volkswagen
gas emissions
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