Volkswagen recall starts in January 2016

By Money Times

Oct 09, 2015 07:19 AM EDT

Volkswagen recently faced a devastating dilemma with its scandal emission and the resignation of its CEO Martin Winterkorn.  Now, VW has announced a recall of its affected vehicles as it aims to complete the repair by end of 2016.

In an interview with a German newspaper, VW Chief Executive Matthias Mueller said that the company would release a recall for cars affected by its diesel emissions crisis and completion will be fixed by the end of next year, as reported by Reuters.

"If all goes according to plan, we can start the recall in January. All the cars should be fixed by the end of 2016," Mueller told the Frankfurter Allgemeine Zeitung (FAZ). The newspaper provided a copy of the interview prior to publication on Wednesday.

A company spokeswoman for the U.S. market said that corrections to the problem will have to be agreed upon with Environmental Protection Agency, but offered no schedule for it.

Mueller believed that only a few employees were involved in the diesel emissions rigging that have destroyed the company's stock and done serious damage to its credibility.  The truth had been denied that his detail-oriented predecessor Martin Winterkorn must have known.

The German automaker said that 11 million cars of the almost 1.2 million diesel vehicles in the UK are affected by the scandal.  Mueller said that some of the cars could be fixed by software adjustment while others need mechanical alterations, according to the DailyMail.com.

Volkswagen must submit its plans this week to German authorities for the correction of thedefeat device software, which fooled testers into believing their cars comply with the environmental standards.

Mueller said that the car company should be smaller and centralized.  He also added that every model and brand would be inspected for its contribution to VW except Bugatti.

In a meeting with more than 20,000 employees at the company's Wolfsburg, Germany plant, he said that VW would recover from the crisis but with hardships and consequences.  He also confirmed that the company would either abandon or hold up any actions which are 'not immediately needed', as the aftereffect of the crisis are not yet clear.

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