
German auto giant Volkswagen said Monday it is halting sales of four-cylinder VW and Audi diesel cars in the United States following a scandal over manipulated emissions data.
"I can confirm that sales have been halted," a company spokesman told AFP, responding to media reports.
The models concerned accounted for 23 percent of VW brand cars sold in the United States in August. Between January and August, the group sold nearly 240,000 cars in the US.
The scandal, which came to light on Friday, could lead to financial fines of up to $18 billion for VW, as well as threatening the brand's image in the US and the rest of the world.
According to the US authorities, VW equipped 482,000 cars in the country with sophisticated software that turns off emissions controls when driving normally and turns them on only when the car is undergoing an emissions test.
VW chief executive Martin Winterkorn issued an apology and said the group had ordered an external investigation into the matter.
The news sent VW shares into a tailspin on the Frankfurt stock exchange, where they were showing a loss of 21.8 percent at 127 euros at 1100 GMT.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor