largest shareholder among the 64 countries that own the development bankvolkswagen said that despite suspension of the loan it planned to complete work on the polish factory which began in 2014 the plant is scheduled to be finished by the middle of 2016 and will employ 3000 people to build volkswagen crafter cargo vansvolkswagen so far has set aside 9 billion to cover the cost of repairing the vehicles affected by its emissionscheating scandal the company also faces several investigations in the united states and europe into its practices as well as lawsuits from customersin a costcutting move on wednesday volkswagen said it would temporarily cease production of the phaeton a vehicle meant to challenge mercedesbenz and bmw in the luxury market built at factory in dresden that has glass walls to enable the public to watch the cars being made the phaeton failed to enthrall consumers it had sold poorly since its introduction in 2002 and was regarded as a financial drag on the companythe car which could be ordered with a 12cylinder engine became a symbol of the engineering overreach of ferdinand pich the volkswagen chairman and scion of the porsche family who pushed for the phaetons development mr pich was ousted this year before the emissions cheating came to lightvolkswagen said that production of the phaeton would end early next year the factory will reopen at an unspecified date to produce a new version that will be powered solely by batteries volkswagen saidthe investigation into parts supplier bosch will focus on whether employees of the parts supplier played a role in the emissions cheating by volkswagen according to prosecutors in stuttgart where the company is based claudia krauth a spokeswoman for the stuttgart prosecutor said authorities were alerted by news reports that had proved substantial enough to warrant a formal investigationprosecutors have not identified any suspects she said under german law only individuals can be charged with crimes not companiesren ziegler a spokesman for bosch said the company was cooperating with authorities bosch was a major supplier to the family of diesel engines known as ea 189 that is at the core of the emissions scandal bosch is a critical player in the german auto industry developing and producing a wide range of sensors pumps fuel injectors batteries and other componentsvolkswagen even as it faces legal problems is also obliged by regulators in europe and the united states to repair or alter the deceptive diesel cars to make them comply with airquality standards the company said it would begin recalling cars in europe in late january to make the necessary changesthe company had said previously that cars with 2liter or 12liter diesel motors could be fixed with a software update cars with 16liter motors will get a software update and a plastic part known as a flow rectifier that the company said would improve the intake of air to the motor and allow more precise regulation of the fuel injection reducing emissionsthe company is still negotiating with