1. LINE

      Text:AAAPrint
      Business

      VW to recall 1,950 cars in China amid emissions scandal

      1
      2015-10-13 09:05Global Times Editor: Li Yan

      Problem may further dent firm's image, slow its expansion, analysts say

      Volkswagen Group China (VW China) on Monday announced plans to recall 1,950 imported diesel cars in China as part of a global recall of 11 million diesel-powered cars amid an emissions scandal that has rocked the German carmaker.

      VW is to recall 1,946 imported Tiguan SUVs and four Passat B6 sedans in China, the company said in a statement posted on its website on Monday.

      The company said on September 26 that no vehicles produced by its joint ventures in China are involved in the incident.

      VW may face fines of up to $18 billion in the US after having been found to have intentionally installed software in some of its diesel cars that allowed the vehicles to perform better on emissions tests, according to media reports.

      The German automaker's global recall is expected to start in early 2016, media reports have said. No specific timetable for the China recall was provided.

      China's quality and environmental authorities expressed concern about the issue on Monday. The General Administration of Quality Supervision, Inspection and Quarantine on Monday ordered VW China to carry out the recall as soon as possible to correct the problem.

      The Ministry of Environmental Protection said Monday that it launched an investigation of the matter and will tighten inspection on emissions by imported cars.

      The number of recalled cars in China may seem tiny compared with the global number, mainly due to the low popularity of diesel-powered passenger cars in China. But analysts are divided on how much impact the emissions incident will have on the company's performance in China.

      "I don't think the incident will cause any major impact on VW's sales in China, as China has a very limited number of diesel-powered passenger cars on the road," Zeng Zhiling, a senior analyst at industry consultancy LMC Automotive, told the Global Times Monday.

      But some others said that the scandal has tarnished the brand's image in China and will affect sales.

      "The credibility of the VW brand in China has been put into question after a series of quality problems and its sales have already been affected," Feng Shiming, an analyst at Shanghai-based Menutor Consulting, told the Global Times Monday, saying that the emissions scandal will further dent its China sales.

      The German automaker has already experienced negative headlines in China over the past two years. In October 2014, VW China recalled 560,000 of its Sagitar sedans to correct rear suspension malfunctions. In the recall, the carmaker proposed to place a metal plate in the trailing arm of the rear axle to ensure the proper operation in case of a rupture. However, some car owners said that solution was unsafe, and several groups of dissatisfied drivers launched protests after the recall.

      In March 2013, problems in VW's direct shift gearbox (DSG) transmission technology were exposed by State-owned China Central Television (CCTV) during its annual program for World Consumer Rights Day. CCTV said that the problems could cause a sudden increase or loss of power during driving. After the report, VW launched a recall involving more than 380,000 cars.

      China is the largest market for VW and contributes over one-third of its global sales. In 2014, the company sold more than 3.6 million vehicles in China, ranking No.1 among all carmakers. But road is about to get bumpy because of the huge financial burden imposed by the emissions scandal, Feng noted.

      Besides a hefty fine in the US, VW may also face fines in the EU. And shareholders are entitled to seek compensation for losses caused by the scandal, Hao Junbo, a lawyer at Beijing-based Hao Law Firm, told the Global Times on Monday.

      Analysts at UBS have estimated that total costs incurred by the scandal may reach 35 billion euros ($39.8 billion), media reports said.

      The company had planned to enlarge its production capacity in China to 5 million units by 2018, but "the expansion plan is very likely to be slowed," Feng noted.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 亚洲老熟女@TubeumTV| 亚洲三区在线观看无套内射| 亚洲伦理一二三四| 50岁老女人的毛片免费观看| 久久国产亚洲高清观看| 色欲A∨无码蜜臀AV免费播 | 凹凸精品视频分类国产品免费| 亚洲一级片在线观看| 最新仑乱免费视频| 亚洲人成网站在线在线观看 | 免费又黄又硬又爽大片| 香蕉视频亚洲一级| 亚洲成A人片在线观看无码3D| 美女被羞羞网站免费下载| 亚洲精品国产电影| 最好免费观看高清在线| 亚洲综合网美国十次| 欧美最猛性xxxxx免费| 高潮毛片无遮挡高清免费视频| 国产一区二区三区在线观看免费 | 亚洲一区二区三区乱码在线欧洲| 人禽杂交18禁网站免费| 国产AV无码专区亚洲AV琪琪| 在线观看亚洲成人| 最近免费中文字幕大全免费 | 亚洲精品美女在线观看播放| 无码永久免费AV网站| 国产AV无码专区亚洲AV麻豆丫| 亚洲精品无码久久久| 中文字幕亚洲免费无线观看日本 | 东北美女野外bbwbbw免费| 亚洲激情在线视频| 免费看又爽又黄禁片视频1000| 老司机午夜精品视频在线观看免费| 亚洲色无码专区在线观看| 69免费视频大片| 色屁屁在线观看视频免费| 久久精品国产亚洲AV麻豆王友容| 美女视频黄的全免费视频网站| 免费无码国产V片在线观看| 亚洲精品免费视频|