Volkswagen has disclosed plans to pay all CO2 tax differences that European customers will be charged as a result of the difference between the official numbers and the actual emissions in the real world.

Volkswagen has disclosed plans to pay all CO2 tax differences that European customers will be charged as a result of the difference between the official numbers and the actual emissions in the real world.

A few days ago, the Volkswagen Group admitted there are some “irregularities” regarding CO2 emissions data on approximately 800,000 cars sold in Europe and now they sent a letter to the European Union finance ministers telling them all owners affected will not have to pay the tax differences as Volkswagen will foot the bill. This is obviously a preemptive move which will likely turn out to be the best solution taking into account any future lawsuit would probably prove to be a lot pricier.

This is just a fraction of the whole problem that gets worse by the week for VAG and will cost the German automotive conglomerate a pretty penny, with Credit Suisse estimating they could end up paying as much as €78 billion.

To recap, Volkswagen admitted a few weeks ago they sold around 11 million cars worldwide equipped with a “defeat device” installed on the 1.2 TDI, 1.6 TDI and 2.0 TDI engines of the EA189 type. Earlier this week EPA discovered a similar problem with the larger 3.0-liter V6 TDI which is why VAG’s U.S. division has decided to stop sales of cars fitted with this engine.

Source: Automotive News Europe

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Volkswagen promises to pay all CO2 tax difference costs in Europe