According to a latest report from Bild am Sonntag, top executives of the German auto giant Volkswagen knew a year ago that some of its cars were noticeably less fuel efficient than had been officially stated, Reuters reported.
Earlier this month, the company admitted that it had understated the level of carbon dioxide emissions and fuel usage in about 800,000 cars sold mainly in Europe. Initially the scandal brought to light “cheating software” on some eleven million diesel vehicles worldwide (admitted to U.S. regulators by the company), which enabled its car to detect when they were being tested and alter the running of their diesel engines to conceal their true emissions.
Sources close to former Chief Executive Martin Winterkorn told the Bild am Sonntag that after months of becoming aware of excessive fuel consumption, Winterkorn decided this spring to pull one model off the market where the discrepancy was particularly marked, the Polo TDI BlueMotion. Low sales figures were stated as the reason behind the withdrawal at the time, as reported by Reuters.
Reuters quoted VW spokesman reaffirming the previously cited reason for the withdrawal: "The offering of the Blue Motion TDI Polo was suspended in all markets due to subdued demand. We are currently testing all models built from 2012 for differences in CO2 levels from the listed values."
However, the Bild am Sonntag pointed out Volkswagen did not inform the owners of Polo TDI BlueMotion about the high fuel consumption, which was 18 percent above the officially stated value. Reuters said that the Bild am Sonntag did not cite its sources for saying that top executives knew about the fuel usage problem a year ago.


SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 



