WORLD.-

After the German automobile brand, Volkswagen confessed to having equipped 11 million cars worldwide with a software that is destined to manipulate the results of pollution control, the company has been involved in no other than a major scandal.

On Friday, the US Environmental Protection Agency (Epa), reported the company in the United States after finding the program while running some check ups. This false software is designed to automatically detect pollution control with the purpose of faking results.

While France, Italy and South Korea will open investigations to check all their automobiles, Mexico's market has yet to report any malfunctions, according to Corporative Communications from Volkswagen Mexico.

The company has been dealing with this situation since Friday, once the outcomes were revealed: "New internal investigations have shown that this software has been installed in other diesel vehicles," placing them in US cars.

However, the entire company does not remain unprotected, given that they have 6,500 million euros, which were provided last trimester in order to confront the first stages of these case.

Baja Sajonia's Minister of Economy, Olaf Lies, who owns 20% of VW stock, mentioned that matters would be taken into account and that those who were held responsible would be fires. "There will be no who knew what, or who took which decision."

Executive director of Volkswagen in the United Staes, Michael Horn, admitted during an event that the company was dishonest: "Our company was dishonest to the EPA, to the California Air Resources, to all of (…) we completely screwed up."

Volkswagen dragged along other companies of the European automobile sector such as BMW who has lost 6% and Daimler 7% according to German stock, while in Paris, Renault went down 7.1% and Peugot 8.8%. According to the Stock of Francfort this Monday and Tuesday, Volkswagen had a downfall of 18.6%.

Source CNN Mexico

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