2020 Volkswagen Jetta Sel on 2040-cars

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VW stock plummets as Euro markets open

The fallout from Volkswagen's installation of an emissions "defeat device" on nearly 500,000 diesel-fueled models in the US is already hitting the automaker hard on the German stock exchange. At one point, the share price plummeted 23 percent to erase the equivalent of $17.6 billion in value. Things eventually bounced back slightly to a still severe 19.23 percent loss, according to Bloomberg as of this writing. The scandal couldn't come at a worse time for chairman Martin Winterkorn. The VW supervisory board takes up the issue of renewing his contract on September 25, Bloomberg reports. If things get bad enough, the door could be open for a new boss to step in. Dealers in the US might start feeling the pain from this, as well. Affected 2015 VWs that are still at showrooms are now under a stop sale. Until the issue is straightened out, the Environmental Protection Agency isn't certifying the company's 2016 diesel models with the 2.0 TDI, either. The diesel emissions problem was first discovered by research from West Virginia University and the International Council on Clean Transportation. In some cases, the engines can produce 40 times more nitrogen oxides than allowed. The automaker could be on the hook for $18 billion in fines for the breach, but the actual figure is expected to be lower. In response, Winterkorn has issued a public apology and ordered an independent investigation into what happened. The EPA and California Air Resources Board have also been looking into the situation. This could become an international problem, though. According to The Detroit News, European authorities might begin similar inquires to check the automaker's diesel emissions there.

VW Golf Sportsvan succeeds Golf Plus in Frankfurt

Just ahead of this week's Frankfurt Motor Show, Volkswagen has announced the world premiere of its Golf Sportsvan, a near-production concept that succeeds its Golf Plus. VW describes this compact family car as "one of the most versatile vehicles of the compact class," noting that it offers a mix of hatchback and minivan features in a sporty package.
That sportiness comes from the Sportsvan's styling (perhaps more sleek wagon than minivan) and performance features it shares with the Golf GTI - including the XDS+ electronic differential lock, which is integrated into the Electronic Stability Control system to improve agility. At the same time, the Sportsvan's six engine options, which include a turbodiesel, are up to 19-percent more fuel-efficient than their predecessors.

Even 'basic' girls are tired of their cheating VW Jettas

Well, this didn't take long. Former Volkswagen CEO Martin Winterkorn's office probably hasn't even been packed yet, and the jokes about his scandal-ridden former employer have already begun to fly. Today, we'll be featuring the team from Funny Or Die, which has opted to not only skewer Volkswagen for its TDIsaster, but one of the victims of the company's catastrophe – the 'basic' girl. For those not in the know, "basic," according to Urban Dictionary is an adjective reserved for someone "devoid of defining characteristics that might make a person interesting, extraordinary, or just simply worth devoting time or attention to," and that they are "lacking intelligence and unable to socialize on even an elementary level." And when it comes to basic girls, the Volkswagen Jetta is as ubiquitous as a Starbucks Pumpkin Spice Latte. But with the VW controversy, basic girls are finding their Jettas aren't so good for their green credentials. So check out Funny Or Die's take on these scorned drivers, in the video above. And fair warning, there's a bit of foul language.