The vehicles affected by the inconsistencies in carbon dioxide emissions include the diesel variants of Volkswagen’s Polo, Golf and Passat models, as well as the subcompact A1 and the A3 hatchbacks of the Audi premium brand, Skoda Octavia, Seat Ibiza and Seat Leon.
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VW is engulfed in a huge pollution scandal that was initially centred on so-called defeat devices – sophisticated software fitted into diesel engines to skew the results of tests for nitrogen oxide emissions.
Since the EPA first disclosed in September that Volkswagen had been deceiving diesel emissions testers for years, the company has drawn criticism around the world.
The investment plan was only for 2016, rather than the traditional five years provided in the past.
The statement says the agencies will investigate and take appropriate action.Volkswagen has denied that software was installed on the larger diesels “to change the emissions values in any impermissible way” and vowed to cooperate with the EPA.Volkswagen’s emissions troubles are far from over.
The company said it will cost at least 8.7 billion euros ($9.3 billion) to recall vehicles and deal with the consequences related to the cheating scandal.
The EPA and CARB held a two-hour meeting on Friday afternoon with VW to discuss the company’s efforts to fix 482,000 2.0 liter cars that the automaker has admitted have illegal software that allow them to evade emissions standards. He said the company agreed with the agencies to reprogram it “so that the regulators see it, understand it and approve it and feel comfortable with the way it’s performing”. California has four weeks to respond to VW’s plan. This round of cuts targets marginal projects, including the next generation of the slow-selling Phaeton sedan, now delayed after previously being cut to only an electric version.
In previous years, the company has published investment plans for several years ahead.
The German automaker typically has capital expenditures of about €13 billion ($13.84 billion) per year.
Earlier on Friday, the European Commission gave VW until the end of the year to provide information on its overstatement of fuel efficiency in some vehicles.
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VW’s preference shares, down about 34 percent since the crisis broke, were up 1.6 per cent to 107.55 euros at 1240GMT.
