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VW Agrees to Review Safety Reporting Methods in U.S.
Volkswagen AG has agreed to review its “early warning reporting” of injuries and deaths related to vehicles it sells in the U.S.
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Volkswagen AG has agreed to review its “early warning reporting” of injuries and deaths related to vehicles it sells in the U.S.
The agreement comes in response to an analysis for Bloomberg News by financial advisors Stout Risius Ross Inc. that found VW’s reported incidents over the past decade were only one-ninth the average for all other carmakers.
VW says it will review its procedures and report its results to the National Highway Traffic Safety Administration. NHTSA fined Fiat Chrysler Automobiles and Honda earlier this year for underreporting similar data as required by the U.S. TREAD Act.
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