U.S. finds unapproved emissions software in VW Audi engines: Bild am Sonntag
- Record-setting rally pushes on as S&P ends week up 3 percent
- Trump's Cohn Pick Most Bullish Sign Yet for Banks - Cowen
- Unusual 11 Mid-Day Movers: (IDXG) (INVN) (EBS) Higher; (SCON) (DTEA) (DLTH) Lower (more...)
- 21st Century Fox (FOXA) offers to acquire Sky for GBP10.75/share
- Coca Cola (KO) Announces James Quincey to Succeed Muhtar Kent as CEO; Kent to Continue as Chairman
A Volkswagen logo is pictured at Volkswagen's headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke/File Photo
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
FRANKFURT (Reuters) - U.S. authorities have found three unapproved software programs in 3.0 liter diesel engines made by Volkswagen's
The software allowed the turbocharged direct injection (TDI) engines used in Audi's Q7, Porsche's Cayenne and VW's Touareg models to shut down emissions control systems after about 22 minutes, the paper said. Official methods to measure emissions usually last about 20 minutes, it added.
Volkswagen has admitted it cheated on U.S. diesel emissions tests for years and said in June it would spend as much as $15.3 billion buying back vehicles from consumers and providing funding that could benefit makers of cleaner technologies.
That settlement however would not address about 85,000 larger 3.0 liter Audi, Porsche and VW vehicles that emitted less pollution than 2.0 liter vehicles but were also fitted with illegal emissions-control equipment. Audi and Volkswagen notified U.S. authorities about these vehicles last year. A deal covering the 3.0 liter vehicles may still be months away.
Audi managers are scheduled to appear at a hearing in front of U.S. environmental authorities on Aug. 10, Bild am Sonntag said, adding the carmaker was bracing for a substantial penalty payment.
A spokesman for Audi declined to comment, only saying that talks with U.S. authorities continued and were aimed at a technical solution for the problem.
A spokeswoman for the U.S. Environmental Protection Agency declined to comment.
Volkswagen's "Dieselgate" scandal had hurt its business and reputation and already cost it billions of dollars. It still faces criminal charges and law suits in numerous countries.
(Reporting by Christoph Steitz, Till Weber and David Shepardson; Editing by Alexandra Hudson)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- OPEC, Russia see smooth road to global deal on output cut
- Turkish jets hit 39 Islamic State targets, kill four militants - army
- France seeks to extend state of emergency until July - PM Cazeneuve
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!