The Big Lesson From the VW Debacle Is...
Careful readers of business news have learned this week that automakers have been cheating on emissions tests for as long as there have been emissions tests. They also have learned that, while Volkswagen’s cheating on tests for emissions of nitrogen oxides “added the equivalent of as many as 19 million chemical-spewing cars to American roads,” this amounts to less than 0.1 percent of total U.S. NOx emissions (let’s not even get started on Icelandic volcano eruptions). And they are beginning to learn that every manufacturer of diesel cars may face big problems as regulators start to look at what their vehicles spew out in normal driving conditions as opposed to during a standard emissions test.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Trump's Numbers Are Really, Really Bad
- Has Trump Fixed the 'Worst Deal Ever'? Kinda, Sorta
- The Long-Term Stock Exchange Is Worth a Shot
- Authoritarian Cryptocurrencies Are Coming
- California Can't Make Trump an Ethical President
- Why Weinstein Held On For So Long and Fell So Fast
- Trump Might Actually Wreck Nafta, Believe Him