Quote:
|
The world’s largest automaker has admitted selling 482,000 such diesels since 2009, California and U.S..... Volkswagen is the world’s biggest auto company, outselling Toyota and General Motors this year......
|
VAG is the company of biggest sales/revenue($261b vs Toyota $255b. 3rd, which is GM had $155b), but, as of 2014, Toyota's profit was far bigger($19 billion vs VAG's $12 bi), which is quite curious to be honest. Toyota's much more efficient by making far bigger gains from less sales. But I digress.
The $18 billion fine is just a possibility right now but that is huge(almost Toyota's 2014 profit, confortably the highest of all auto makers)
Quote:
|
Many have viewed diesel as a promising green technology that could grow as the nation heads for more stringent fuel economy standards.
|
Aren't diesel engines intrinsically more powerful and with better fuel economy? I always thought their handicap was producing much more polution
If that's not the case, what' the advantage of petrol cars, then?
If this fine and other law suites really comes, I think VAG's motorsport activities might be seriously jeopardized for a while.
Disgusting action by VW, anyway