Menu
 
» »Unlabelled » Volkswagen puts aside billions for diesel scandal

A+ A-

http://mbawallpaperscom.ipage.com/autos/volkswagen-puts-aside-billions-for-diesel-scandal/787

Volkswagen puts aside billions for diesel scandal

Volkswagen has added billions set aside to cope with the rising cost of diesel scandal.

That made the automaker announced on Friday, the day after it had entered into a Heads of Agreement for a compensation scheme for American car owners.


Volkswagen had already made a provision of 6.7 billion, that amount has now increased to 16.2 billion euros.


The German company also brought the previously deferred annual figures for 2015 to the outside. The largest car company in Europe last year recorded a net loss of 1.6 billion euros, against a profit of about 11 billion euros a year earlier. Sales rose by more than 5 percent to about 213 billion euros.


Loss

It is the biggest loss ever for Volkswagen. Associated with reduced loss the dividend. The distribution of profits is only 0.17 euros per share, while a year earlier was paid a record dividend of 4.86 euros. The group expects sales for challenging market will fall this year, but that there is a profit to be achieved.


In September it was revealed that Volkswagen had rigged last year with software to measure emissions. When laboratory tests diesels seemed cleaner than they actually are. In connection with the scandal must be retrieved worldwide millions of cars to the garage for adjustments to the engines and software.


On Thursday it became known that Volkswagen is going to buy back a large part of the sjoemeldiesels in the United States. In addition, owners will receive a substantial compensation. It involves about 480,000 vehicles.


Automakers

Several German car factories were previously announced on Friday domestically approximately 630,000 cars back to the garage in the aftermath of the massive emission scandal.


On behalf of the government cars of a series of German brands under the microscope so that it can be excluded that has been tampered with emissions. That made a German government official said Friday.


The recall will prevent the German authorities that the emission values ​​of cars are engineered to testing. The recall is part of a broader study on the emission of pollutants from diesel engines.


Last year showed that millions of cars from Volkswagen was tampered with emission tests.





Post a Comment

Subscribe to: Post Comments (Atom)
1
 
Top