Briefing: VW Scandal highlights dangers of diesel fumes
US regulators were testing and retesting cars for over a year before VW engineers finally admitted to installing software to cheat tests, writes Shane O’Donoghue
The global motor industry has been rocked by the Volkswagen emissions scandal. While the full extent of the controversy is not yet clear, it will certainly have far-reaching consequences for the auto industry as a whole.
In the short term, as suspicions are raised over the possibility of other manufacturers adopting similar ‘cheating’ strategies, car company stock values are likely to remain subdued.
But the scandal is likely to lead to several major ...
