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Wednesday, November 04, 2015

#VWGate - Fake Emissions Scandal Spreads To Petrol Cars

As if things were not already bad enough for Volkswagen it appears, not unsurprisingly (given that one fraud often begets another), that the fraudulent manipulation of emissions data was not just confined to diesel cars but now also appears to have affected petrol cars as well.

Shares in VW have fallen 10% this morning after it reported "irregularities" in carbon dioxide emissions levels, which could affect around 800,000 cars in Europe.

The firm said the problem could cost about €2bn (£1.4bn).

Brands including VW, Audi, Skoda and Seat could be affected. Whilst the issue mainly affects diesels, it could also include petrol models.

As yet Volkswagen has not said whether or not it believes those irregularities were caused by deliberate action, and it also has not specified which models are affected.

Whilst VW is currently feeling the heat, I would wager good money that other car manufacturers also fiddled their data emissions.

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