Egypt After 2025: Navigating a Critical Inflection Point    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Egypt's Environment Minister attends AMCEN conference in Nairobi    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Sri Lanka's expat remittances up in June '25    EU–US trade talks enter 'decisive phase', German politician says    Egypt's Health Min. discusses drug localisation with Sandoz    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



VW releases internal probe findings
Published in Daily News Egypt on 10 - 12 - 2015

At their first full press conference since Volkswagen's emissions-cheating scandal broke, the carmaker's top executives admitted to a company culture that tolerated rule-breaking, landing VW in its worst-ever crisis.
Speaking to reporters in Wolfsburg, Germany, VW Chairman Hans Dieter Pötsch said "the last two and a half months have been unprecedented for the VW group," referring to the Sept. 18 revelations that Volkswagen had manipulated 11 million vehicles worldwide to pass diesel emissions tests.
"No one here could imagine that our company, where so many people do their best, which is a source of such pride for Wolfsburg, could end up in such a position," Pötsch said.
‘Chain of mistakes'
The 64-year-old chairman said he expected the internal investigation to conclude soon. The external probe, however, which is headed by legal firm Jones Day, was likely to run "well into 2016."
Investigators are mulling through 102 terabytes of data, Pötsch said. That's the equivalent of 50 million books. He added that inspectors had also confiscated some 1,500 smartphones and computers from 400 employees, with a total of 2,000 employees having been ordered to not lose any data.
"We're not talking about a one-off mistake, but a whole chain of mistakes," said Pötsch.
He also insisted that no one, regardless of their rank, would be spared. VW has already suspended nine staff so far over the cheating. He would not, however, name any names due to the ongoing investigation.
‘Huge logistical challenge'
Signalling just how seriously VW is treating the incident, CEO Matthias Müller said engineers had "quite literally" worked days and nights to solve the issue of fixing the rigged vehicles.
He said the company would roll out the recall of millions of cars next month, beginning with the 2-liter TDI engines and followed by the 1.2-liter version, both of which would only need a software update. The 1.6 TDI, however, required more work, and would need to be retrofitted with a "flow transformer."
Müller called the procedure "a huge logistical challenge," especially in the US where tighter regulations meant the process would be "more complicated" than in Europe.
Winning back trust
Looking forward, Pötsch pledged to clean up Volkswagen's act, saying the company had already taken several steps to provide more transparency. To this end, VW's head said all future emissions tests of the group's 12 brands would be verified internally and externally. He also said the company would introduce road tests to reflect real-world driving conditions, thus providing a more realistic picture of carbon emissions and fuel usage.
"Winning back trust is our top priority and our top challenge," stressed Pötsch.
But this is likely to be an uphill battle for VW. In the US alone, where close to 500,000 vehicles were found to have been rigged, Volkswagen is facing a lawsuit avalanche that could end up costing the company dearly.
On Tuesday, a court panel decided to consolidate more than 500 individual and class-action consumer lawsuits in the state of California. The Washington-based Environmental Protection Agency, which helped expose the fraud, has already warned that the automaker could be facing penalties of up to $18 billion in the US alone.
Despite the challenges ahead, CEO Müller said he remained optimistic. "The future of Volkswagen belongs to the brave," he exclaimed.


Clic here to read the story from its source.