👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

German‎ watchdog suspected VW scam on CO2 emissions - report

Published 28/01/2017, 13:16
© Reuters. FILE PHOTO - Frost covers the grille and emblem of a Volkswagen car in Warsaw
VOWG_p
-

BERLIN (Reuters) - Germany's motor industry watchdog raised suspicions Volkswagen (DE:VOWG_p) was using prototype vehicles to lower carbon dioxide (CO2) emissions in tests in 2015 soon after VW's manipulation of diesel emissions tests was uncovered, the Berliner Zeitung newspaper reported on Saturday.

It quoted the Federal Motor Transport Authority (KBA) as telling VW in a November 2015 email it would choose test models randomly and appoint new external experts to carry out testing because of doubts about the independence of the company's CO2 testing regime.

"VW has to give a declaration that they (vehicles submitted to tests) comply with standards for serial production models and were not subject to change in any way," the newspaper quoted the KBA's email as saying.

There was no immediate comment from a VW spokesman. The German Transport Ministry, which is home to the KBA, declined to comment as its investigation into CO2 emission tests is not concluded yet, a spokesman said.

It was not clear in Saturday's report whether the KBA remains concerned about the transparency of VW's CO2 emissions tests.

© Reuters. FILE PHOTO - Frost covers the grille and emblem of a Volkswagen car in Warsaw

VW admitted in November 2015 that besides rigging diesel emissions tests it had understated the fuel consumption and CO2 emissions of about 800,000 vehicles. It then announced a month later that follow-up tests had shown the CO2 irregularities affected less than 40,000 cars.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.