The news - made at the announcement of the VW Group’s results for 2015 - came as new VW chief executive Matthias Müller admitted that the firm is behind schedule with enacting fixes to cars affected by the emissions scandal. However, he remains optimistic that the company will hit its target of having offered all customers “a solution that doesn’t affect performance in any way” by the end of this year.
The VW Group also reported its first loss since 1993, posting a £1.1bn deficit after setting aside a £12.2bn provision for paying for the emissions scandal. However despite a sales drop of 2% year-on-year, it reported sales revenues were 5.4% up and that the Group’s operating profit was level year-on-year at £9.65bn.
“Our key figures for 2015 demonstrate that VW's core business is in good shape in spite of the difficulties of recent months," said Müller.
Delayed VW emissions fixes
Since January, VW has written to all VW Amarok, Audi A4, Audi A5 and Seat Exeo owners and begun enacting a fix on their vehicles. No work has begun on VW passenger cars to date, with the proposed fix for the VW Passat awaiting approval Germany’s motoring body, the KBA. Fixes to the VW Golf will now be prioritised instead.
Indeed, Müller revealed that the fix for the Golf had been approved by the KBA just this morning, so work on affected cars across Europe can immediately begin. In the UK, VW will make contact owners via DVLA data. It may take a few weeks for a letter explaining what to do to reach owners.