Volkswagen of America, Inc., an operating unit of Volkswagen Group of America, Inc. (VWoA), on Monday reported sales figures for the month of November. The emission scandal has badly hurt company’s reputation as is evident from a 25% drop in the numbers for November when compared with last year.
Total sales stood at 23,882 for November 2015, while it was 31,725 in November 2014. The auto giant said that the drop reflects the impact of the recent stop-sale for all 2.0L 4-cylinder TDI vehicles and the 3.0L V6. The voluntary stop-sales were issued in light of notices received by the Environmental Protection Agency (EPA) and the California Air Resources Board (CARB) regarding emissions compliance.
“Volkswagen is working tirelessly on an approved remedy for the affected TDI vehicles. During this time we would like to thank our dealers and customers for their continued patience and loyalty,” said Mark McNabb, chief operating officer of Volkswagen of America.
Volkswagen’s Indian Unit will recall 3.23 lakh vehicles in India after a government investigation found the company using diesel engines equipped with a device which helps cheat emission tests, NDTV reported.
Global sales of the Volkswagen group fell by 3.5 percent in October, The Guardian reported.
“There is caution in buying. The CO2 issue has triggered a greater crisis of confidence [in VW products] than the nitrogen [emissions] issue,” Bernd Osterloh, chief of VW works council, told reporters last week. “Employment is safe provided we are selling cars. If we sell no cars, it will get relatively difficult.”


DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan
Muji Owner Ryohin Keikaku Stock Soars After Raising Full-Year Earnings Forecast
Oppenheimer Sees CNH Industrial as Top 2026 Agriculture Stock Pick on Dealer Consolidation Strategy
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO
Levi Strauss Raises 2026 Outlook After Q2 Earnings Beat, Shares Drop Despite Strong Results
Paramount-Warner Bros. Discovery Merger Faces Lawsuit From 12 States
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside
AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal
Stellantis Q2 Vehicle Shipments Rise 10% as North America Drives Growth
Deutsche Bank Fined A$2 Million by ASIC Over OTC Derivatives Reporting Errors
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX
Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub 



