💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

VW only carmaker found cheating by U.S. regulator: magazine

Published 11/10/2015, 08:16 AM
Updated 11/10/2015, 08:20 AM
© Reuters. A logo of VW is pictured at a Volkswagen dealership in Camas
VOWG_p
-

BERLIN (Reuters) - Volkswagen (DE:VOWG_p) is the only carmaker whose diesel engines have been found so far by a U.S. regulator to be using illicit emissions-control software, German magazine Wirtschaftswoche reported.

"Up until now we have found no fraudulent defeat device in vehicles of other brands," the magazine quoted Mary Nichols, chair of the California Air Resources Board (CARB), as saying in an interview published on Tuesday.

The CARB has been testing diesel models of brands other than VW since the U.S. Environmental Protection Agency said in September that the German group used software for diesel VW and Audi cars that deceived regulators measuring toxic emissions.

"Our tests of diesel vehicles will continue," Nichols said.

© Reuters. A logo of VW is pictured at a Volkswagen dealership in Camas

Separately, Nichols said the CARB would also look into VW's Nov. 3 admission of manipulating carbon dioxide emissions, though added the carmaker's latest malfeasance would probably not spark a new testing cycle.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.