Surprised that there's not a thread on this.
The boss of Volkswagen's US business has admitted the firm was dishonest in using software to rig tough Californian emissions tests, saying "We have totally screwed up." Last Friday, the regulators said VW diesel cars had much higher emissions than tests had suggested. VW have had to recall over 482,000 cars and could face fines of up to £18bn or £26k per vehicle
Apparently, as we work a different system in the UK, it couldn't happen here........ or at least there is 'no evidence' of cheating. However, this could be just the tip of the iceberg.
I'm amazed that such a reputable German manufacturing company can play fast and loose like this. And if VW can do, I'm sure a few other manufacturers have at least thought of it.
Perhaps Captain Mainwaring had it right.....'Typical underhand Nazi trick'.
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So many new cars sold are company cars and the benefit in kind tax is based on emissions (one of the reasons I've got a plug-in hybrid on order!!). HMRC might be interested in this!
Road Fund Licence is also based on emissions and again that could get incredibly messy with DVLA perhaps also having a claim against manufacturers for loss of revenue.
So choosing a low emissions car isn't just tree-huggers showing concern for the environment - there's also something financial in it for them.
This latest controversy is in the USA but as I said there will be other manufacturers up to the same trick and selling into the UK market.
So, in other words, they have to decide whether they should sue on the basis that they won't be caught cheating as well; or they choose not to sue, and, by not suing, they attracts suspicion!
The fact everyone is on the fiddle normally dictates the level of fallout.
The States as usual are ahead of the game when it comes to punative action. I am rounding up figures because i have a goldfish brain but the fine is $350k per car sold, so a potential fine for VW of potentially $7b, their turnover was only €6b.
Sorry forgotten what i typed already!
So, Audi couldn't give a shit about looking after customers for their top of the range models. Except in the USA of course where they were threatened with a class action.
I'd never buy another car from the VW Group.
VW emissions scandal hits 11m vehicles.
I own one of the effected VWs, and await with interest a "fix", as I couldn't be more pleased with the performance and fuel mileage.
I am surprised about it all but the CEO has hands up accepted that the company is a fault. It must be standard across the industry VW are not alone in this.
20% off share price today - someone's getting the bullet.
http://www.sciencedaily.com/terms/nitrogen_oxide.htm