VW sees slowing new orders
Print Edition
VOLKSWAGEN is facing slowing orders for new cars, with consumers shunning purchases after the automaker admitted this month it understated fuel usage and carbon dioxide (CO2) emissions, VW’s top labor representative said yesterday.
“There is caution in buying,” VW’s works council chief Bernd Osterloh said. “The CO2 issue has triggered a greater crisis of confidence (in VW products) than the nitrogen (emissions) issue.”
VW said on November 3 that it had manipulated the level of CO2 emissions in about 800,000 cars sold mainly in Europe, and is expecting costs of at least 2 billion euros (US$2.1 billion), including compensation payments to customers.
Two weeks later, VW said the CO2 cheating, which mainly involved diesel cars, affected more petrol-powered vehicles than previously disclosed.
The revelations about fuel economy and CO2 emissions have deepened the crisis at VW, which initially centered on software used on up to 11 million diesel vehicles worldwide that VW admitted in September had vastly understated their actual emissions of the pollutant nitrogen oxide.
Global sales of VW group vehicles fell 3.5 percent in October, though they edged up 0.5 percent in Germany.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
