Report: Volkswagen’s under the spotlight again, but for tax evasion

If you thought Volkswagen AG had enough to deal with already, particularly with Dieselgate, you’d be wrong as it’s the least of their worries now, according to AutomotiveNews Europe. The huge German automaker is now being scrutinized and investigated for possible tax evasion.

But to no surprise, the tax evasion is in relation to Dieselgate where the Volkswagen Group supposedly under-reported their CO2 emissions for hundreds of thousands of Audi, SEAT, Skoda, and Volkswagen models, which affects their tax practices to the EU. Don’t forget, automakers in Europe are taxed according to how much CO2 emissions their cars produced as a way to force car makers to figure a way how to curtail CO2 emissions in Europe.

Given how Dieselgate is entirely related to emissions, particularly with diesel cars and now potentially some of their gas-powered cars, the improper reporting and scam involving emissions tests and reporting is having a significant ripple effect that just seems to be relentless.

As a refresher, a recent investgation found that around 430,000 2016 model-year cars were affected by the emissions cheat originally found on some older TDI models. That figure though is anticipated to top out at around 800,000 cars in total.

– By: Chris Chin

Source: AutomotiveNews Europe

Source: egmCarTech http://bit.ly/1MBOd2V