trending Market Intelligence /marketintelligence/en/news-insights/trending/Je5z5BGreDztEx1KnfmFXA2 content esgSubNav
In This List

Report: Germany's motoring agency mulls recall of more VW cars over 'dieselgate'

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


Report: Germany's motoring agency mulls recall of more VW cars over 'dieselgate'

Volkswagen AG may be ordered by Germany's Federal Motor Transport Authority to recall more of its vehicles over the "dieselgate" scandal, Reuters reported Jan. 13, citing Bild am Sonntag.

The agency, also known as Kraftfahrt-Bundesamt, or KBA, launched a probe into whether the automaker's software updates for vehicles with a 1.2-liter engine enabled them to cheat emissions tests, sources reportedly told the German Sunday newspaper.

The report also said unnamed Volkswagen managers suspected of fraud could face charges after the company in 2016 assured authorities that 1.2-liter engine cars were not equipped with defeat devices for such tests.

Of the 370,000 vehicles under investigation in Europe, the KBA was mulling a recall of 30,000 cars in Germany, according to the report, which added that the agency also may order remedial work instead of a recall.

A Volkswagen spokesperson told the news agency that the company is now analyzing irregularities discovered on cars fitted with EA189 1.2-liter engines. The spokesman also reportedly said the German company informed the authorities of its findings and they are in continuous discussions.

The news comes a week after 383,000 Volkswagen car owners affected by the scandal signed up to a class-action lawsuit by consumer watchdog VZBV to seek a full refund for the price they paid for their vehicles.