Meanwhile, Volkswagen chief executive Matthias Muller in an interview to Frankfurter Allgemeine Zeitung said the company will start recall of vehicles by January and fix the issue by the end of next year.
It has since emerged up to 11 million cars may have the software fitted, including almost 80,000 cars sold in Ireland across all four of the firm’s brands.
The German government has given Volkswagen (NASDAQOTH:VLKAY) until Wednesday to present a plan to fix millions of diesel-powered vehicles that don’t meet emissions standards. Bild Am Sonntag said the employees told an…
VW has said it will set aside €6.5bn (£4.9bn) to cover costs associated with the scandal.
And on Thursday, Volkswagen of America’s chief executive, Michael Horn, is set to testify before a House committee investigating the emissions scandal. In a statement, the company said it is “committed to communicating with various stakeholders and ensuring them that we are working very hard to make things right”.
Speaking to 20,000 workers on Tuesday, Mueller said that the crisis was going to be “enormous”, and “still not possibly to quantify,” and that “every euro that stays in the company helps us”, the Telegraph reported.
However, he added that a technical solution to the crisis was “within view” and that he would do everything he could to keep jobs secure.
“It is not possible to say today whether and how this wrongdoing could affect our jobs in the medium and long term”, Bernd Osterloh told reporters.
The Volkswagen emissions cheating scandal could have a major impact on the German economy, according to new research.
It now says 12,929 used imported Volkswagen cars, 1,117 imported VW commercials, 12,684 imported Audis and 674 imported Seats all feature in the recall.
Despite the damage from the scandal, the latest auto sales figures reveal strong demand for VW cars.
But it’s not just VW that needs to clean up its act; it’s the whole automotive industry.
They then switch off the controls when the vehicle is on the road, allowing it to spew out more harmful levels of emissions.
“And who bears responsibility?” said Mueller. “But bear in mind that there were no dead with us; our cars were and are safe”.
“I am aware that work at Volkswagen is the livelihood for many thousands of employees and their families, worldwide and above all here in Lower Saxony”, Weil said.
If a test case is proved, or VW agree to an out-of-court settlement, all owners who bought VW’s with the EA189 engine between 2009 and 2015 could be entitled to the payout.