VW diesel scandal: CEO Mueller pledges recall start in January, completion by end of next year

#hashtags: #VW AG #United States #Europe #Matthias Mueller #January 2016 #Mueller

German automaker VW AG has been caught cheating on diesel emissions tests in the United States and then admitted it had rigged up to 11 million autos around the world, with 8 million in Europe alone. Now the newly appointed chief executive officer Matthias Mueller said in an interview with a German newspaper the Group would initiate the recall for the affected cars by the dieselgate emissions scandal in January 2016 and finish the process by the end of the year. “If all goes according to plan, we can start the recall in January. All the cars should be fixed by the end of 2016,” Mueller commented in an interview with the Frankfurter Allgemeine Zeitung. Additionally, “only in particular cases,” vehicles would be outright replaced. As far as the US market is concerned, according to a company spokesperson the fix would first need to be approved by the Environmental Protection Agency, without detailing the timeframe. Also, the carmaker has a Wednesday deadline to tell inform German regulators exactly how the affected models would be fixed – with the newspaper citing the CEO as saying they already advanced their technical proposals on the matter. The top executive added that a majority of the cars would only incur software reprogramming that is easily done at a local service but others would have to be refit with new injector systems or undergo some rebuilding at special workshops to install larger catalytic converters. Mueller also told the newspaper his belief was that only a handful of employees were responsible for the diesel emissions cheating that has wiped away around a third of the company’s shareholder value and also immensely damaged its global reputation. Via Reuters, Bloomberg