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The vehicles contain the EA 189 engines which are fitted with software that was used to con emissions testers in the US. Nearly 200,000 Audi brand cars with the same motor will also be recalled with the rest being Seat and Skoda cars and a small number of Volkswagen commercial...

Immediately after the company admitted that it has installed software created to cheat emission tests in a number of its diesel vehicles, it’s stock prices plummeted, losing a third of its value in an extremely short time.

The affected cars number five million Volkswagens, 2.1m Audis, 1.2m Skodas and 700,000 SEATs, along with 1.8m light commercial vehicles.

One source told Reuters that the prospect of VW selling shares to raise money would become a likely scenario if the emissions scandal costs surpassed a “critical level”.

VW said the diesel vehicles include 508,276 Volkswagen cars, 393,450 Audis, 76,773 Seats, 131,569 Škodas and 79,838 Volkswagen commercial vehicles.

Volkswagen AG’s new chief executive, Matthias Mueller, on Monday, called upon the vehicle maker’s executives to help change the corporate culture, as Volkswagen addresses the biggest challenge in its 78-year-old history following revelations of its large-scale...

The figure includes 508,276 Volkswagens, 393,450 Audis, 76,773 Seats, 131,569 Skodas and 79,838 commercial vehicles.

A total of 946,092 cars in France are involved in the scandal that has rocked the automobile industry.

According to reports, German automaker Volkswagen’s (VW) supervisory board is scheduled to hold a meeting on Friday, September 25; and will name Matthias Mueller as its new Chief Executive.

Diesel’s obituary has been written before: Rudolf’s, when he vanished 102 years ago; but also that of his engine in the U.S., when a disastrous experiment by Oldsmobile in the 1970s inoculated the public against the fuel. Regardless, it seems extremely probable that...

In the United Kingdom, more than 500,000 Volkswagen-branded cars and 80,000 VW commercial vehicles in Britain contain the software.

VW admitted that 11 million of its diesel vehicles worldwide were fitted with defeat device software which conned testers into believing their vehicles met environmental standards.

Reuters reported last Thursday that VW would fire top brand officials as it tries to recoup from the embarrassment. The economy and transport minister of VW’s home state, Lower-Saxony – which owns about 20pc of VW – said those responsible for allowing the...

The German automaker admitted last week that it used special software to fool USA emissions tests for its diesel vehicles.

Meanwhile, reports from Germany suggest that a few senior management at Volkswagen may have known about issues relating to the software product, produced by Bosch, that was used to distort emission-testing results.