Embattled German automaker, Volkswagen has announced that it overstated last month’s claims that 800,000 vehicles were affected by false carbon dioxide and fuel consumption data.
According to a statement released on Thursday, VW said less than 40,000 vehicles were affected.
However, this latest revelation does not affect the diesel emissions problems that hit about 11 million of VW’s cars.
With the revelation, trading in VW’s shares in Europe experienced an upsurge, hitting 140 euros per share on Wednesday, Forbes reported.
According to the statement: “Following extensive internal investigations and measurement checks, it is now clear that almost all of these model variants do correspond to the CO2 (fuel economy) figures originally determined. This means that these vehicles can be marketed and sold without any limitations. The suspicion that the fuel consumption figures of current production vehicles had been unlawfully changed was not confirmed. During internal re-measurements slight deviations were found on just nine model variants of the Volkswagen brand.”
The company said in November it had set aside 2 billion euros to settle issues surrounding fuel usage and carbon dioxide emission problems in the 800,000 vehicles sold that they believed were affected.