Volkswagen could underestimate accident data

The accident data of the German concern Volkswagen is too “good,” many experts say. Volkswagen may have underestimated accident data, Facebook/volkswagen experts say.

The average number of incidents involving cars at Volkswagen is nine times lower than that of the rest of the automakers, writes Bloomberg.

The company Stout Risius Ross commissioned by Bloomberg conducted an analysis of reports of automakers over the past decade. She found that the average number of incidents involving the cars of the eleven of the world's largest automakers exceeds the number of accidents with Volkswagen cars nine times.

Of the eleven vehicle manufacturers that account for 88% of cars in the USA, the largest number of accidents is with the participation of General Motors Co. (524 incident per million cars). At the same time, Volkswagen had the lowest figure - 34 per million. The average was at 301 per million vehicles. Three companies - GM, Toyota Motor Corp. and BMW - these figures were above average. Chrysler had a low level - 101 intsindent, and Honda had a 78.

The agency decided to focus on the fact that Nissan Motor Co. That figure, too, was 78 cases per million, and that it was “fully compliant” with all regulations, company spokesman Steve Yaecher said.

“Nissan's position is such that our reporting is not subpar, but is strictly in line with our regulatory obligations,” he added. The publication also emphasizes that Nissan was not accused of any violations.

The head of Volkswagen, Martin Winterkorn, against whom the investigation has begun, объявил about retirement. This decision followed a scandal that arose because the company falsified environmental test data with the help of special equipment. Cars of the German car manufacturer emitted forty times more nitrogen oxides than allowed.

Last year, Volkswagen sold 600 thousands of cars in the United States. This brought the company about six percent of 9,6's global revenue of billions of dollars.

American regulator going to fine company on 18 billion dollars. In total, the company has 24 billion dollars in its accounts, so after paying the fine, it will have to make reductions.

The company's investors began bear losses together with the German automaker. Qatar has lost 4,8 billions of dollars due to the scandal around Volkswagen.