It said it was setting aside €6.5bn (£4.7bn) to cover costs of the scandal.
VW added this would pay for "necessary service measures and other efforts to win back the trust of our customers".
The
boss of Volkswagen's US business, Michael Horn, has admitted it
"totally screwed up" in using software to rig emissions tests.
VW shares were down more than 20% on Tuesday in Frankfurt.
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"Volkswagen does not tolerate any kind of violation of laws whatsoever," the firm said in its latest statement.
It
said provision for the scandal would be made "in the profit and loss
statement in the third quarter of the current fiscal year".
It added: "Due to the ongoing investigations, the amounts estimated may be subject to revaluation."
EU probe call
French Finance
Minister Michel Sapin has called for an EU inquiry, but a UK car
industry spokesman said there was "no evidence" of cheating.
Mike
Hawes, who is chief executive of the UK's Society of Motor Manufacturers
and Traders, said the EU operated a "fundamentally different system"
from the US, with tests performed in strict conditions and witnessed by a
government-appointed independent approval agency.
"There is no
evidence that manufacturers cheat the cycle," he said. "Vehicles are
removed from the production line randomly and must be standard
production models, certified by the relevant authority - the UK body
being the Vehicle Certification Agency, which is responsible to the
Department for Transport."
However, he also described current
testing methods as "outdated" and said the car industry wanted an
updated emissions test, "more representative of on-road conditions".
France's Mr Sapin said inquiries in Europe had to be conducted "at a European level".
"We
are a European market with European rules," he told Europe 1 radio. "It
is these that have to be respected. It is these that have been violated
in the United States."
The French carmakers' federation backed Mr
Sapin's call, saying such an inquiry would "allow us to confirm that
French carmakers respect the procedures for approval in all of the
countries where they operate".
For its part, the Italian transport
ministry said it would open its own investigation, saying it wanted to
know whether such cars were sold in Italy.
However, a European
Commission spokeswoman said it was "premature to comment on whether any
specific immediate surveillance measures are also necessary in Europe".
Elsewhere,
the South Korean government said it would test up to 5,000 Jetta and
Golf cars, along with Audi A3s made in 2014 and 2015.
Its investigation will be expanded to all German diesel cars if issues are found.
The White House in Washington also reportedly said it was "quite concerned" about VW's conduct.
Fines looming
Volkswagen was ordered to recall half a million cars in the US on Friday.
In
addition to paying for the recall, VW faces fines that could add up to
billions of dollars. There may also be criminal charges for VW
executives.
In its latest statement, the firm said it was "working
at full speed to clarify irregularities" concerning what it called "a
particular software used in diesel engines".
The EPA found the "defeat device", the device that allowed VW cars to
emit less during tests than they would while driving normally, in
diesel cars including the Audi A3 and the VW Jetta, Beetle, Golf and
Passat models.
VW has stopped selling the relevant diesel models in the US, where diesel cars account for about a quarter of its sales.
The
EPA said that the fine for each vehicle that did not comply with
federal clean air rules would be up to $37,500 (£24,000). With 482,000
cars sold since 2008 involved in the allegations, it means the fines
could reach $18bn.
That would be a considerable amount, even for
the company that recently overtook Toyota to be the world's top-selling
vehicle maker in the first six months of the year. Its stock market
value is about €66bn ($75bn; £48bn).
Volkswagen has ordered an external investigation, although it has not revealed who will be conducting it.
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