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During normal driving, the cars with the software -- known as a “defeat device” -- would pollute 10 times to 40 times the legal limits, the EPA estimated.
Analysts at Kepler Cheuvreux cut their recommendation on Volkswagen stock to hold from buy, reducing their target price 27 percent to 185 euros.
“This latest saga may help catalyze further management changes at VW,” Ellinghorst wrote in a note Monday.
Right now dealers are banned from selling 2.0-liter TDIs, which make up about a quarter of VW's U.S. sales.
In any case, do you want to drive a polluting vehicle, and if not, who is going to buy it from you?
$0 Current resale value of affected cars in California, because the cars were sold as “non-compliant” (and therefore cannot be resold).
Volkswagen AG ’s emissions crisis deepened on Tuesday as the company revealed as many as 11 million vehicles world-wide contain the software allegedly used to cheat emissions tests and disclosed it would take a €6.5 billion ($7.27 billion) charge to earnings and cut its full-year outlook.
I mentioned that..11 million cars ..up there..yesterday.
Volkswagen’s rigging of emissions tests for 11m cars means they may be responsible for nearly 1m tonnes of air pollution every year, roughly the same as the UK’s combined emissions for all power stations, vehicles, industry and agriculture, a Guardian analysis suggests.
Carder's team—a research professor, two graduate students, a faculty member and himself— performed road tests around Los Angeles and up the West Coast to Seattle that generated results so pronounced that they initially suspected a problem with their own research.
rwilson: I wonder if they will come out with out with an ECU update that will have the current cars perform at the levels they were tested at.
It can simply be a change in the fuel injection strategy. What might be realized is a penalty in fuel economy in order to get these systems more active, to lower the emissions levels.
Shepherd: Honestly I can not believe that they got away with it for as long as they did.
Carder said he's surprised to see such a hullabaloo now, because his team's findings were made public nearly a year and a half ago. "We actually presented this data in a public forum and were actually questioned by Volkswagen," said Carder.
The cat was out of the bag a year and half ago.
The cat was out of the bag a year and half ago. It took this long to take action.
Is the EPA checking other VW diesel engines and those of other automakers for emissions discrepancies?
The EPA is partnering with the California Air Resources Board and Environment Canada to conduct more tests of every make and model diesel light truck and car sold in the U.S. and Canada. They will use portable equipment to measure real-life emissions as the vehicles are driven on open roads.
les moteurs incriminés, de type EA189, concerneraient 1 068 796 véhicules en France.
Un chiffre considérable qui représente, s'il est avéré, 2,6 % de l'ensemble des véhicules en circulation en France (1). En effet, le moteur diesel de quatre cylindres TDI de type EA189 équipe une trentaine de modèles du groupe allemand commercialisés dans l'Hexagone. Et parmi les 1 068 796 véhicules potentiellement touchés, près de deux tiers (59,6 % soit 637 489 véhicules) sont des modèles Volkswagen, essentiellement des Golf et des Polo. Les autres se répartissent entre Audi (21,1 %, soit 225 571 véhicules) - modèle A3 en grande partie -, Seat (10,4 %, soit 111 681 véhicules) et Sköda (8,8 %, soit 94 055 véhicules).
No Money Down and No Payments!
A Volkswagen engineer warned the company about cheating over its emission tests as early 2011, a German newspaper reports. Frankfurter Allgemeine Sonntagszeitung says the warning emerged during VW's current investigation into the scandal. Separately, Bild am Sonntag said the internal inquiry had found that parts supplier Bosch had warned Volkswagen not to use its software illegally.
Volkswagen tumbled as much as 8.2 percent on Monday in Frankfurt, taking its drop since the diesel cheating became public on Sept. 18 to 39 percent.
Affected models include the A1, A3, A4, A5, A6, TT, Q3 and Q5, a spokesman told the Reuters news agency.
