More resignations to happen at Volkswagen

#hashtags: #Further #Volkswagen #Saxony #Olaf Lies #Lies

Further resignations are likely to take place at the German automaker according to a member of Volkswagen’s supervisory board as the company found itself amid a monstrous scandal regarding cheating through U.S. emissions test since 2009. Economy and transport minister of Volkswagen’s home state, Lower-Saxony, Olaf Lies, who is currently holding 20% stake in the automaker, explained that the investigations into the situation have just started, adding that “There must be people responsible for allowing the manipulation of emission levels to happen.” Lies publicly affirmed this a day after VW’s CEO, Martin Winterkorn, decided to quit his position, taking responsibility for the mishaps found by the U.S. inspectors in the German car manufacturer’s diesel engines but making it clear that he was not aware of the wrong doings when he embarked on the automaker’s management team. Volkswagen has filed a criminal complaint to German prosecutors to find out who are the persons responsible for the illegal actions connected to the scandal, which has for the moment led to $30 billion off its market value. The U.S. Environmental Protection Agency (EPA) has disclosed that stealth software used on Volkswagen’s 2009-2015 car models made the 2.0-liter diesel engines run cleaner through emissions tests than they did in daily driving. The EPA accused VW of using these “defeat devices” in 482,000 cars sold in the United States. Later on, Volkswagen admitted to having used the software in a massive 11 million diesel cars worldwide and has put aside $7.2 billion to cover future costs the scandal would involve. However, the EPA stated that the company could pay as much as $18 billion in penalties for cheating in the emission tests made on its diesel cars. It is uncertain at the moment if the software used on these cars could have led to vehicles cheating on emissions tests outside of the U.S. as well. Germany’s Transport Minister has set up a commission this week to look into the VW situation by running tests on Volkswagen models and other German and foreign carmakers, too.