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Volkswagen finds CO2 'irregularities' for 800k vehicles

The latest issue for Volkswagen affects another 800,000 vehicles, and this time its for irregularities in CO2 emissions certifications. VW estimates this issue could cost the company $2.2 billion to fix. The company officially makes no specific mention of which engines are covered, the models they are in, or even where they are located. VW discovered the situation during its ongoing internal investigation, and, according to the automaker, "it was established that the CO2 levels and thus the fuel consumption figures for some models were set too low during the CO2 certification process." Most of the affected vehicles are diesels, and the company is now reaching out to "the responsible type approval agencies" to figure out the next step. While VW isn't officially confirming which models and engines are involved, Automotive News reports that it affects some 2012 and later VW, Audi, Seat, and Skoda models with the company's 1.4-, 1.6-, and 2.0-liter diesel engines, as well as the 1.4-liter ACT gasoline engine. The issue mainly affects vehicles sold in Europe. "The Board of Management of Volkswagen AG deeply regrets this situation and wishes to underscore its determination to systematically continue along the present path of clarification and transparency," CEO Matthias Muller said in the announcement. Volkswagen Group of America spokesperson Jeannine Ginivan was able to provide some further clarification to Autoblog. "This is not related to US-certified vehicles," she said. Clarification moving forward: internal investigations at Volkswagen identify irregularities in CO2 levels Matthias Muller: "Relentless and comprehensive clarification is our only alternative." Around 800,000 Group vehicles could be affected Initial estimate puts economic risks at approximately 2 billion euros The Volkswagen Group is moving forward with the clarification of the diesel issue: during the course of internal investigations irregularities were found when determining type approval CO2 levels. Based on present knowledge around 800,000 vehicles from the Volkswagen Group could be affected. An initial estimate puts the economic risks at approximately two billion euros. The Board of Management of Volkswagen AG will immediately start a dialog with the responsible type approval agencies regarding the consequences of these findings. This should lead to a reliable assessment of the legal, and the subsequent economic consequences of this not yet fully explained issue.

2017 Audi RS5 DTM racer is a smorgasbord of carbon-fiber wings

Along with the reveal of the new RS5 coupe, Audi took the wraps off its corresponding DTM racer here at the Geneva Motor Show. This concurrent debut strategy is completely by design. "For the first time, we developed a new DTM car in parallel with the production model. This underlines once again how closely motorsport and production work together at Audi," said head of Audi Motorsport Dieter Gass. As much as Audi would like you to believe its DTM racer shares a lot in common with its production RS5 ... well, it doesn't. Gone is the new biturbo V6, and in its place is a 4.0-liter V8. It's not a Quattro – all DTM racers are rear-wheel drive – and the chassis is a carbon-fiber monocoque. And, of course, there is an extremely complex set of wings, vanes, and splitters that you'd never see on a production car. View 15 Photos Interestingly, the 2017 DTM regulations actually reduce the total amount of downforce allowed. That ought to mean slower cars, but Audi promises the opposite is true, due to sticky new tires and a 4.0-liter V8 engine tuned to deliver "more than 500 horsepower." That's more than last year, thanks to changes made to the air intake and cooling systems. Audi won the Constructor title in DTM last year with the old RS5 racer, so the pressure is on to follow that feat again in 2017. We'll find out soon enough how good the new car is – the 2017 DTM season starts on May 6 in Hockenheim. Related Video:

Germany says nein to EU ban on new fossil-fuel cars from 2035

BERLIN (Reuters) - Germany's government will not agree to European Union plans to effectively ban the sale of new cars with combustion engines from 2035, Finance Minister Christian Lindner said on Tuesday. In its bid to cut planet-warming emissions by 55% by 2030 from 1990 levels, the European Commission has proposed a 100% reduction in CO2 emissions from new cars by 2035. That means it would be impossible to sell combustion engine cars from then. European Parliament lawmakers backed the proposals this month, before negotiations with EU countries on the final law take place. Speaking at an event hosted by Germany's BDI industry association, Lindner said there would continue to be niches for combustion engines so a ban was wrong and said the government would not agree to this European legislation. Lindner, a member of the pro-business Free Democrats, which shares power with the Social Democrats and Greens, said Germany would still be a leading market for electric vehicles. (Reporting by Christian Kraemer; Writing by Madeline Chambers; Editing by Miranda Murray and Edmund Blair) Green Government/Legal Green Audi BMW Mercedes-Benz Volkswagen Opel SEAT Skoda