Friday, November 22, 2024
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Volkswagen Might end up selling Bentley, Lamborghini and Ducati

Vw group recallOne of the biggest car manufacturer VW still in trouble with its diesel-emissions-related problems. A couple of months ago researchers realized that VolksWagen’s some diesel engines pump Nitrogen-Oxide to the air more than 40 times than as it should be, and to hide this VW installed an emission software to its 11 million Volkswagen cars – half-million of them in the USA. How this software works; in the test mode cars are fully compliant with Federal Emission levels but when the car regularly drove, the computer switches to an another mode that is significantly changing the fuel pressure, injection timing, and exhaust-gas recirculation. This mode gives the car higher power and more range but at the same time causes heavier Nitrogen-Oxide emission ( NOx ) which can cause lung cancer.

Now VW group getting ready for a massive recall of their diesel engine vehicles. For doing this, the compony secured a credit line more than $21 billion. This money will use for recalls, regulatory fines, and possible lawsuits. If this loan can’t secure the depths of VW, the group planning to sell MAN that is worth 5 billion euros, MAN division supplies ship engines, electric generators, and other heavy-industry components. Also, there is another plan – an unnamed source tells Reuters- the group might be consider selling Bentley, Lamborghini and Ducati. If you considering the other brands under Volkswagen Group, these three are smallest and less valuable ones.
 

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