VW: Recall likely completed by end of 2016

[unhappycamper]

http://www.dw.com/en/vw-recall-likely-completed-by-end-of-2016/a-18765148

Volkswagen's CEO has told a German newspaper that the company will begin a massive recall in January. Executives are to testify in Washington over the ongoing diesel emissions cheating scandal.

VW: Recall likely completed by end of 2016
07.10.2015

Volkswagen Chief Executive Matthias Mueller told the Frankfurter Allgemeine Zeitung that the company believes "only" 9.5 million vehicles were affected and would have to be recalled.

"There are hopefully less. But there are still far too many," Mueller told the newspaper Wednesday, saying a recall could begin in January. "All the cars should be fixed by the end of 2016."

Industry experts had earlier estimated the scandal would affect about 480,000 VW vehicles in the United States and 11 million worldwide . It has sent tremors through the global auto industry and executives have already raised the prospect of massive job cuts for Volkswagen's 600,000-strong global workforce .

Defrauding the environment

The automaking giant has been shaken by revelations about the carmaker's large-scale cheating of its diesel emissions tests in the US and elsewhere. Facing criminal liability and fines in the billions, already a third of the firm's value has been wiped off the stock markets since the news broke last month.

--

VW is trying the 'few bad apples' approach. I doubt that will stick.