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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.

Audi's new 1,000-hp hybrid pulls like a freight train

Audi's latest plug-in hybrid handles like it's on rails, and pulls like a freight train. That's because it's a train, and literally rides on rails. The vehicle in question is a locomotive which the German automaker developed for its main factory in Ingolstadt incorporates over 11 miles of railroad tracks, along which are transported parts and completed vehicles to be moved around the site. To carry out those duties, Audi teamed up with French manufacturer Alston to deploy a new hybrid locomotive on premises. The locomotive features a plug-in hybrid propulsion systems capable of running on electric power alone for two hours at a time, and can be plugged in to recharge during down-time. The upshot is that it not only pollutes less overall, but can be run inside warehouses more safely. When the power runs out, the electrical system is backed up by a diesel engine. Audi reports that 15 trains arrive at the factory every day. It employs 17 locomotive drivers on site. And each locomotive runs for 3,800 hours each year. Whether we can take Audi at its word when it comes to diesel emissions or not, the company claims that the new hybrid locomotive cuts its carbon emissions by half, taking 60 tons of CO2 out of the atmosphere each year. 10/30/15 Ingolstadt Hybrid locomotive at Audi plant in Ingolstadt This Audi drives on rails: A 1,000 horsepower plug in hybrid locomotive manufactured by Alstom replaces the plant locomotives previously used at the Audi plant in Ingolstadt as of today. This means that components and finished Audi models will now reach the plant's loading stations in a more climate friendly way. "Our goal is all-round sustainable logistics," stated Johann Schmid, head of the Audi plant railway in Ingolstadt. "The new railway technology allows more economical, energy-efficient and low-emission rail transport. In connection with the latest chassis technology, the plug-in-hybrid locomotive sets new standards in shunting and rail transport." The complete automobile plant in Ingolstadt includes 18 kilometers of railways. Every day, 15 goods trains arrive at Ingolstadt North railway station for Audi – loaded with pressed parts, engines and transmissions, as well as cars from other Audi sites that are ready for delivery to customers. And cars produced in Ingolstadt also start their journey to customers by rail. 17 Audi locomotive drivers work at the plant railway. One of their tasks is to allocate the wagons to the various plant buildings.

Audi's electric E-Tron Quattro spied for first time in testing

Last October, Audi's chairman said the company would be launching its first mainstream full electric car: the E-Tron Quattro crossover. The car was first shown in 2015 as a concept, and now we got our first glimpse of a production version in testing, thanks to one of our spy photographers. From the looks of it, it won't stray far from the concept. Up front, the E-Tron has the same square-jawed hexagonal grille as the concept, and it's flanked by headlights similar to those of the new A8. It does differ from the concept a bit in the pattern of the grille. Instead of the odd horizontal slats, it has large vertical bars that were first shown on the Audi Q8 concept. The grille in the lower bumper is also a little larger and more simplified than the concept, and the hood vents have disappeared. The side profile continues to draw from the E-Tron concept. It looks more like a lifted wagon than a traditional, upright crossover. The heavy use of black plastic cladding and wheel arches also is nearly identical to the concept. It should also make the E-Tron look right at home next to the A4 Allroad. At the back, the E-Tron also retains its fairly raked rear window. There has been some simplification. It seems the full-width taillights have disappeared in favor of more conventional separate lamps. The polished aluminum faux skid plate in the rear bumper has also been traded for black plastic. We will probably see the production version of the E-Tron within a year. Audi already confirmed that it would begin production in 2018 at a factory in Brussels, Belgium, and it will launch a new line of EVs for the company. When the concept was shown, Audi said the E-Tron would produce 429 horsepower from three electric motors and have a range of 311 miles. Audi also claimed that with a powerful enough charger, it could recharge fully in 50 minutes. There's a decent chance those numbers won't change too much. The charging capability might not be there, but the power and range would make the E-Tron Quattro a close competitor to the Tesla Model S, which gets under 300 miles of range with the 75 models, and over 300 with the Model S 100s. Related Video: Featured Gallery Audi E-Tron Quattro View 11 Photos Image Credit: CarPix Green Spy Photos Audi Technology Emerging Technologies Crossover SUV Wagon Electric Future Vehicles Luxury audi e-tron Audi e-tron Concept audi e-tron quattro concept