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What do you think of this Volkswagen scandal?

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#2
They already set aside $8 billion and their stock tanked 40% in 2 days :/ If the EPA forces a buyback I think consumers will be wary. If they issue fines and VW fixes the problem I don't think it's a big deal. It is crazy what automakers have to do to meet the CAFE standards. I read they even haul in Chevron gasoline and run tests in abnormally high temperatures to help the numbers.
 
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#4
This one is bad because it was intentional - it's not like this was some sort of oversight, consumers now know that Volkswagen intentionally wrote a workaround in this situation. I think this is what separates it from the other manufacturer errors that could be classified as mistakes, oversights, etc. For that reason, I think this one will cause a significant consumer trust issue with VW.
 
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✨ AI Highlights

  • Automotive industry professionals discuss the implications of Volkswagen's intentional emissions scandal, which caused the company's stock to plummet 40% and raised questions about regulatory compliance and consumer trust.
  • While one participant suggests the impact depends on whether the EPA mandates a buyback or just fines, the key insight emerges that this scandal is uniquely damaging because it was deliberate rather than an oversight—distinguishing it from typical manufacturer errors and likely causing significant long-term consumer trust issues for VW.

Automotive industry professionals discuss the implications of Volkswagen's intentional emissions scandal, which caused the company's stock to plummet 40% and raised questions about regulatory compliance and consumer trust. While one participant suggests the impact depends on whether the EPA mandates a buyback or just fines, the key insight emerges that this scandal is uniquely damaging because it was deliberate rather than an oversight—distinguishing it from typical manufacturer errors and likely causing significant long-term consumer trust issues for VW.

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