Sunday, October 18, 2015

Volkswagen produced multiple versions of software to alter the … – Investing.com Spain

By Andreas Cremer and Bruce Wallace and Paul Lienert

BERLIN / LOS ANGELES / DETROIT (Reuters) – Volkswagen (DE :) produced several versions of its “device concealment “to alter software testing gas emissions of their vehicles, told Reuters three sources familiar with the matter, suggesting that the practice was very widespread within the German automotive factory.

Volkswagen, who has confessed to authorities that manipulated for 7 years emissions tests, altered their illegal software for four types of engines, sources, including a manager of the company with knowledge of the matter and a US official said close research on the company.

Spokesmen for VW (DE :) in Europe and the United States declined to comment on the statements of sources.

Asked about the number of people in the car that could have been aware of the illicit practice, a company spokesman said: “We are working hard to find out who knew, and when, but it is too early to put it. “

Some experts and industry analysts said the fact that there were several versions of the device increases the possibility that many employees were involved.

The technicians softwares they would have needed a constant funding and awareness programs engines, they added.

The number of people involved is crucial for investors because it could affect the amount of possible fines and scope of a possible restructuring level managers of the company, said Arndt Ellinghorst, an analyst at Evercore ISI.

Volkswagen, Europe’s biggest carmaker, has been criticized by some lawmakers and analysts blame a small number of individuals installation of illegal software in up to 11 million vehicles around the world, even as the investigations continued.

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