(Bloomberg) -- Volkswagen AG waited two months afteracknowledging a software abnormality in its cars to tell regulatorsthe algorithm was designed to cheat emissions tests, according to astaff memo prepared for lawmakers investigating the automaker.
The Energy and Commerce Committee, which will hold a hearing onThursday in Washington, also wants further details on how and whythe German-based automaker cheated on U.S. and California emissionstests, according to the memo. Committee staff met Monday withrepresentatives of VW and regulators in preparation forthe hearing.
The House hearing will add to the emerging record on what wenton behind the scenes at VW. By the time the panelconvenes, VW will have informed European regulators aboutsteps it intends to take to fix nearly 11 million vehicles.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
