Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Mexico expects first results in Volkswagen probe in three months

Published 10/09/2015, 10:28 PM
Updated 10/09/2015, 10:39 PM
© Reuters. The Volkswagen (VW) automobile manufacturing plant is seen in Puebla near Mexico City

MEXICO CITY (Reuters) - Mexico expects preliminary findings from a probe into Volkswagen's compliance with emissions standards within three months, the environment minister said on Friday, adding the review will include gasoline-fueled cars as well as diesel.

Mexico announced last month it was investigating whether Volkswagen (XETRA:VOWG) cars complied with emissions rules in Latin America's second economy, after Europe's largest carmaker admitted to cheating in U.S. diesel emissions tests.

"I expect we can begin to have the first results from Volkswagen diesel vehicles...in the next three months," Rafael Pacchiano told local radio on Friday. "We are going to expand the tests to gasoline vehicles."

Last month, Volkswagen (DE:VOWG_p) said it was checking to determine whether the roughly 32,000 series EA 189 diesel engine vehicles it has sold in Mexico since 2009 provided "altered" emissions data to local authorities.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.