VW's U.S. Chief to Tell Congress There's No Schedule for Repairs
- Carmaker's profits to be considered by U.S. when fines imposed
- VW's U.S. chief testifies about timeline on emissions cheating
VW's U.S. CEO to Face Congress in Diesel Probe
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Volkswagen AG’s top U.S. executive apologized and promised a full investigation into its emissions-cheating scandal as U.S. lawmakers examining the case opened a hearing demanding answers both from the automaker and federal regulators.
“Volkswagen has betrayed a nation -- a nation of regulators, loyalists and innocent customers. It’s time to clean it up or get off the road” said Representative Fred Upton, a Michigan Republican, as a hearing of the House Energy and Commerce investigations subcommittee began Thursday. “VW will inevitably pay a steep price for its dirty little secret. How it responds to this failure will go a long way to rebuilding or further eroding the public’s trust.”