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Report: Botched Emission Tests Cost VW €3.6 Billion
Volkswagen AG’s fumbles in trying to certify its 2019 models under Europe’s new WLTP test protocol cost the company €3.6 billion ($4 billion), media reports say.
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Volkswagen AG’s fumbles in trying to certify its 2019 models under Europe’s new WLTP test protocol cost the company €3.6 billion ($4 billion), media reports say.
Several European carmakers struggled with the WLTP test, which took effect on Sept. 1. The new procedure, intended to produce more realistic figures for emission and fuel economy, include a road test.
Der Spiegel, citing an unnamed sources, first cited the cost estimate. The magazine says the figure emerged after works council chief Bernd Osterloh complained of the botched certification process and demanded management accountability.
VW concedes that a testing crunch hurt sales of as many as 250,000 of its most popular models for weeks.
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