Except I work in the Auto Biz, and I remember an acquaintance saying that the United States EPA had made the diesel-emissions regulations stricter than the EU. (This would have been 3 or so years ago, I think.)
I wonder if this was the path that VW decided to take?
More interestingly, I wonder if this kind of this is an accepted business practice in the EU?
The EU regs are often for show and are not indented to damage state sponsored industry (volks is owned by a combination of the local government and union pension funds). It would not surprise me if this was authorized by top management and euro regulators
5 comments:
Don't know much about that, specifically.
Except I work in the Auto Biz, and I remember an acquaintance saying that the United States EPA had made the diesel-emissions regulations stricter than the EU. (This would have been 3 or so years ago, I think.)
I wonder if this was the path that VW decided to take?
More interestingly, I wonder if this kind of this is an accepted business practice in the EU?
The EU regs are often for show and are not indented to damage state sponsored industry (volks is owned by a combination of the local government and union pension funds). It would not surprise me if this was authorized by top management and euro regulators
http://thejudge13.com/2015/09/21/vw-fraud-could-kill-their-buy-out-of-red-bull-racing/
http://bigstory.ap.org/article/b4016f811cf441ceaef7bce4c167eabc/epa-says-vw-intentionally-violates-clean-air-standards
http://maxredline.typepad.com/maxredline/2015/09/clean-diesel-technology.html
I think this is sufficient.
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