The car brand Volkswagen is in neck deep problem in today's scenario...the reason behind it is also a solid one. The company is caught in the scam of using wrong ways for pollution control and moreover they sold faulty cars equipped with those problems !
Volkswagen, the world's largest automaker by sales in the first half of this year, said it had halted all diesel vehicle sales in the United States during a probe into the scandal, which could lead to fines of more than $18 billion (Rs. 1189260000000/- !!!!).
What happened exactly ? -
1) Volkswagen equipped about 48,2000 Cars in US with sophisticated software which turn on all pollution control only when the car is under pollution testing !!! It used to turn OFF the pollution controls when the car is being driven. It is known as 'defeat device' which ultimately led to increase of about 40% pollution in atmosphere !
2) The faulty equipment is also fitted in Audi cars also leading to the same problem in the famous luxury brand AUDI also !!! ( Audi manufacturing comes under the same company Volkswagen )
3) VW shares down a further 20 percent on the Frankfurt stock exchange Tuesday, after they lost 17 percent the day before.
4) Volkswagen AG group company Audi has said that 2.1 million cars worldwide were fitted with the software that allowed parent Volkswagen to cheat US emission tests.
The CEO of Volkswagen gave resignation after the scam !!!
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Source - http://www.nation.co.ke/business/Volkswagen-admits-to-pollution-cheating-device/-/996/2881116/-/jdbj6xz/-/index.html
Volkswagen, the world's largest automaker by sales in the first half of this year, said it had halted all diesel vehicle sales in the United States during a probe into the scandal, which could lead to fines of more than $18 billion (Rs. 1189260000000/- !!!!).
What happened exactly ? -
1) Volkswagen equipped about 48,2000 Cars in US with sophisticated software which turn on all pollution control only when the car is under pollution testing !!! It used to turn OFF the pollution controls when the car is being driven. It is known as 'defeat device' which ultimately led to increase of about 40% pollution in atmosphere !
2) The faulty equipment is also fitted in Audi cars also leading to the same problem in the famous luxury brand AUDI also !!! ( Audi manufacturing comes under the same company Volkswagen )
3) VW shares down a further 20 percent on the Frankfurt stock exchange Tuesday, after they lost 17 percent the day before.
4) Volkswagen AG group company Audi has said that 2.1 million cars worldwide were fitted with the software that allowed parent Volkswagen to cheat US emission tests.
The CEO of Volkswagen gave resignation after the scam !!!
https://www.facebook.com/thefactsbuster?fref=nf
Source - http://www.nation.co.ke/business/Volkswagen-admits-to-pollution-cheating-device/-/996/2881116/-/jdbj6xz/-/index.html
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