by Suff » 24 Nov 2015, 15:27
Sued, fined, forced to repay government initiatives to encourage clean diesel. The whole shebang. Spain already want's €1bn in clean tech grants back from VW and they're not putting it on dealers or anyone else. Plenty of other EU countries have done the same including the UK in emissions brackets and lower tax.
It was less than half a million cars in the US. It was 8.5m in the EU. Which was why they denied that the software was designed to defeat the Euro tests. That was plain stupid, the software/hardware in cars today is capable of defeating every test on the planet. All it needs is a few months software development time.
The proof is in the actions taken by VW. Whilst the 2.0 engines appear to be compliant in the highest performing engines (set by software), the 1.6 engines actually need hardware changes. Which means VW did two things.
1. They cheated the emissions regulations to make more money from lower performing, higher emission engines which did not meet the standards, by charging more for the higher and higher performing engines. Simply they crippled the lower cost engines with software, hid the emissions and then pocketed the money on the higher spec engines.
2. They cheated the emissions regulations to save costs on providing much higher specifications on the 1.6 engine hardware. Hiding the fact that the engines simply could never meet the regulations with the software. This is even worse than the 2.0 engines where the software was the key factor, with the 1.6 engines the software had only one function, to hide the fact that the physical construction of the engine was unable to meet the regulations purely on a parts cost basis.
They deserve to have the book thrown at them. In the Pharma world, the government regulator FDA (Food and Drug Administration in the US), levy fines which nearly break the company or do actually break the company and force it into administration. In the FDA world the cost is in lives so they don't care if the company goes bust or not, they care about saving lives.
However what we hear about Diesel engines is that the massive rise in these engines are ushering in the early exit from life for people with respiratory ailments. Way, way more people than most Pharma companies will impact.
So I believe they should do the same. Fine the company into the ground. If it survives, it will never do it again. If it does not survive? No big loss.....
There are 10 types of people in the world:
Those who understand Binary and those who do not.