Looks like someone has messed up .. ;)

I am looking at buying a Golf in January for my commute to work, I was looking forward to paying less car tax (due to low emissions) but looks like that's out the window now. ;D

Would be really surprised if this doesn't end up involving other manufacturers as well. At the moment I wonder if it could actually do for VW eventually as ludicrous as that sounds.

Its no difference to the MPG figures,

If it states a car  can do 70 mpg ,

You will be lucky to get more than 45 mpg,

It isn't the CO2, either, so it shouldn't really be any difference to road tax rates. It's the NOx (Nitric Oxide & Nitrogen Dioxide) emissions which they were fiddling as these are really stringent in the US. Not so much over here where CO2 is considered the be-all and end-all of pollution, even though the NOx is nastier shite which can cause breathing problems.

Probably won't make too much of a difference to anything in this country, but the class-action suits in the US (in addition to fines) will cost VW a pretty penny. I think they're still the biggest car manufacturer in the world so their future shouldn't be in doubt.

Quoted from Maringer

It isn't the CO2, either, so it shouldn't really be any difference to road tax rates. It's the NOx (Nitric Oxide & Nitrogen Dioxide) emissions which they were fiddling as these are really stringent in the US. Not so much over here where CO2 is considered the be-all and end-all of pollution, even though the NOx is nastier shite which can cause breathing problems.

Probably won't make too much of a difference to anything in this country, but the class-action suits in the US (in addition to fines) will cost VW a pretty penny. I think they're still the biggest car manufacturer in the world so their future shouldn't be in doubt.

Hopefully this affair can be put to rights....I've got a VW pension waiting for me for when I get to retire. Be just my luck to see it all go up in smoke!   ;)

Maybe we will be able to buy a VW a bit cheaper now,

They say this will effect the retail price of used cars,

So the price of a new one should come down as well,

Bad news for any VW workers though,

It might effect their pension, sorry Tim :-/

Quoted from grimsby pete

Maybe we will be able to buy a VW a bit cheaper now,

They say this will effect the retail price of used cars,

So the price of a new one should come down as well,

Bad news for any VW workers though,

It might effect their pension, sorry Tim :-/

Been a while since I worked for them Pete...but the pension pot that I had always been told had been well managed might now take a battering if the company get hit by law suits left right and centre.

Might turn out to be the proverbial pot of gold at the end of the rainbow - you've seen it from afar but you'll never get to hold it  :'(

I'm far from an expert, but the pension pot ought to be entirely separate to the company's finances, shouldn't it? You just need to hope that the engineers who fiddled the software for the emissions weren't also the ones running the pension scheme or their reports of the returns might not be so accurate! ;)

Oh dear. Sounds as though they were on the fiddle in the various European emissions tests as well.

I wonder how many other car manufacturers will be caught out?

Quoted from Maringer

I'm far from an expert, but the pension pot ought to be entirely separate to the company's finances, shouldn't it? You just need to hope that the engineers who fiddled the software for the emissions weren't also the ones running the pension scheme or their reports of the returns might not be so accurate! ;)

Another VW related scandal that might not be so well known...

Back in the 80s / early 90s there was some financial skulduggery going on where their Finance Director was siphoning off money from the company by somehow diverting payments to VW into his own account, sitting on the cash for a period of time and then forwarding it to VW at a later date

He didn't actually take anything from them, just delayed them getting their money when they should have had it...somehow he must have got wind that they had rumbled him and he took off, never to be seen again as far as we were aware, but in the time he was carrying out his delaying tactics he made himself a fortune

I wouldn't be surprised what turns up from this latest aberration...when I worked there, they poached a guy from GM (Lopez) who brought with him a new purchasing philosophy that was going to save the company megabucks driving down supply costs but what this new recruit brought in, along with his "intellectual property", ie his ideas, were a few secret files from GM that VW used to their competitive advantage. They were fined / made to pay serious compensation for that too...

All is not what it seems in the motor industry....just hope what you say is true and that the pensions are ring-fenced and I can one day get my hands on my hard earned investments  :)

MP'S fiddle their expenses ,

The banks put half the countries in the world in debt,

Loads of famous people are sex offenders,,

Car makers tell lies to sell cars,

Whats next ?

Father Christmas does not exist ????

I wonder what implications this will have on the rest of the VW group of companies?

Audi, Seat, Skoda are pretty much the same car.

Do we think anyone from VW will go to prison for fraud?
Course they won't.

As you note, that's not the way the world works.

Shareholders will take a big hit, untold thousands (millions?) of people will have had their health damaged by the illicit pollutants, but one thing you can guarantee is that the people who planned the con will get away practically scot free.

Quoted from Maringer

As you note, that's not the way the world works.

Shareholders will take a big hit, untold thousands (millions?) of people will have had their health damaged by the illicit pollutants, but one thing you can guarantee is that the people who planned the con will get away practically scot free.

Same as it ever was....from what I know of VW though someone, somewhere along the line will have sanctioned the fitting of the computer software, knowing full well the benefits and the risks

Every individual part that a vehicle is made up of is scrutinised by different departments in the company before models go in to production so someone, maybe many, knew exactly what they were doing both in proposing the idea to cheat the system and again in sanctioning vehicles to be fitted ahead of them being released to the world

It's no accident by any means so there should be some evidence somewhere in Wolfsburg's planning documentation but the chances are the proof has already been removed, well before this situation was exposed in the media

Quoted from Maringer

As you note, that's not the way the world works.

Shareholders will take a big hit, untold thousands (millions?) of people will have had their health damaged by the illicit pollutants, but one thing you can guarantee is that the people who planned the con will get away practically scot free.

With a big pay off to help them on their way.