Search results
Results from the WOW.Com Content Network
According to this study, which was publish at The Journal of Industrial Economics the Volkswagen emissions scandal had a statistically significant negative effect on the number of transactions in the secondary market involving the affected models (nearly -18 percent) and on their resale price (nearly -6 percent). The study also find that the ...
[9] [10] Consumer Reports tested a 2011 Jetta SportWagen TDI and found in emissions mode its 0–60 mph time slowed down by 0.6 seconds and its highway fuel economy dropped from 50 mpg to 46 mpg. [11] Volkswagen admitted to using the defeat device, and has been ordered to recall approximately 482,000 cars with four-cylinder 2.0 L TDI engines. [12]
This began with the Volkswagen emissions scandal. Independent tests carried out by the German car club ADAC proved that, under normal driving conditions, diesel vehicles including the Volvo S60, Renault's Espace Energy and the Jeep Renegade, exceeded legal European emission limits for nitrogen oxide (NO x) by more than 10 times. [1]
German public prosecutors raided the Wolfsburg headquarters of Volkswagen <VOWG_p.DE> on Tuesday in the latest investigation into the carmaker's diesel emissions scandal. Volkswagen, which ...
Prosecutors have charged former Volkswagen chief executive Martin Winterkorn with giving false testimony to the German parliament when he said he was unaware of the carmaker's diesel emissions ...
Volkswagen was one of the earliest entrants into the electric vehicle industry, years before it became commonplace to own or drive them. Its efforts were on full-steam in the wake of a diesel ...
Martin Winterkorn (born 24 May 1947) is a German former business executive who served as chairman of the board of management (CEO, Vorstandsvorsitzender in German) of Volkswagen AG, the parent company of the Volkswagen Group, as well as chairman of the supervisory board of Audi, and chairman of the board of management of Porsche Automobil Holding SE. [1]
Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand following the scandal over its rigging of emissions tests. New Chief Executive Matthias ...