Volkswagen on Thursday will present the results of investigations on “diesel scandal”


Moscow. December 8. German carmaker Volkswagen intends on 10 December to present the preliminary results of the internal investigation associated with a “diesel scandal”, reports Bloomberg.

The company’s management, including our chief Executive officer, Volkswagen Matthias Mueller, on Thursday will hold a briefing for investors and a press conference.

So far, the automaker has not provided clear information about the people involved in the process of manipulating emissions in cars with diesel engines, although the scandal broke in September.

Earlier this week, Mueller and Chairman of the Supervisory Board Hans Dieter Petsh visited Qatar for talks with a key Volkswagen shareholder is the Qatar Investment Authority rosinvesthotel.

“We expect that Monday will know the details of the recall of vehicles, as well as the results of the investigation,” analyst Evercore ISI in London Arndt, Ellinghorst.

Costs on the Volkswagen car review and remediation is estimated at 8.7 billion euros. In addition, companies face various fines and lawsuits.

The Volkswagen scandal erupted in September 2015 after the Agency environmental (EPA) revealed that the company installed in its vehicles with diesel engines are computer programs that during inspections understate the indicators of harmful emissions. In total, the number of vehicles, subject to review, is more than 11 million