Following the vicious scandal which wiped €27 billion ($30 billion) from VW AG’s market value, the German carmaker acted fairly swiftly to resolve the problem.
After some high-profile dismissals at the parent company and the adjacent subsidiaries, Volkswagen released a number of statements explaining the situation, while offering some reassurances and possible solutions.
That said, in a recent statement, U.S. Volkswagen CEO – Michael Horn – said that Volkswagen has withdrawn the application for certification of their 2016 model year vehicles:
“In Volkswagen’s recent ongoing discussions with the regulators, we described to the EPA and CARB that our emissions control strategy also included a software feature that should be disclosed to and approved by them as an auxiliary emissions control device (“AECD”) in connection with the certification process. As a result, we have withdrawn the application for certification of our model year 2016 vehicles. We are working with the agencies to continue the certification process.”
Moreover, the CEO promises to cooperate fully with the responsible authorities during the investigation. So, it seems that Volkswagen won’t offer any future diesel automobiles stateside (for now). In case you forgot, the German car manufacturer has acknowledged that approximately 11 million automobiles worldwide (including Seat, Audi and Skoda branded cars) were equipped with a software code which reduced the effectiveness of emissions control tests.
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