VW's Latest Emissions Woes Are Bigger Than Just Diesel Exhaust
- Carbon-dioxide costs four times diesel-exhaust expenses
- Volkswagen `has been lying' to consumers, Ellinghorst says
VW’s Diesel Dupe Now Spreads Far and Wide
Volkswagen AG’s latest revelations that it misrepresented vehicle emissions may be even more complicated and expensive for the carmaker to solve, as this time the falsifications include carbon dioxide, the greenhouse gas at the heart of the global-warming debate.
Volkswagen said Tuesday there were unspecified “irregularities” in the CO2 emissions in about 800,000 vehicles. The discrepancy will cost Volkswagen at least 2 billion euros ($2.2 billion). That’s about 2,500 euros per car, more than four times the cost for the diesel-exhaust repairs. To fix systems for filtering nitrogen oxide from the exhaust of about 11 million diesel autos, VW has so far set aside 6.7 billion euros, which works out to about 609 euros per vehicle.