VW Calls Crisis Meeting As Yet ANOTHER Major Scandal Unfolds

VW Calls Crisis Meeting As Yet ANOTHER Major Scandal Unfolds
Volkswagen Group will hold a supervisory board meeting on Wednesday to discuss allegations that German automakers operated a wide-ranging cartel, a source familiar with the matter said on Monday.

The European Commission said on Saturday antitrust regulators were investigating a possible German auto industry cartel following a tip-off that the automakers may have colluded to fix the prices and designs of diesel emissions treatment systems and other vehicle parts.


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TheSteveTheSteve - 7/24/2017 2:19:43 PM
+1 Boost
VW **AND** other German automakers are affected by this. It's not *just* another VW hit (although VW's had a solid run of negatives over the past 2+ years).


vdivvdiv - 7/25/2017 8:02:33 AM
+2 Boost
The difference is VW is most vulnerable if further penalties are imposed, the other fat cats can absorb them.


TomMTomM - 7/24/2017 3:53:42 PM
+4 Boost
This is another major scandal - and VW is involved. THe fact that apparently other diesel engine manufacturers from germany may be involved does not change the fact that VW has lots of brands that use these engines - and probably sells more diesel engine cars than the non-VW brands do.


vdivvdiv - 7/25/2017 8:03:31 AM
+3 Boost
It didn't say it was just VW.


PUGPROUDPUGPROUD - 7/24/2017 3:59:48 PM
+1 Boost
Ever turn over a rock in your garden and see the creepy things living under it ? Seems like that's what it is like in the auto industry these days.


bnilhomebnilhome - 7/25/2017 8:01:15 AM
+1 Boost
Another reason to remove German vehicles from my list of consideration. I am surprised this is not getting more attention in the US to be honest, as if this were a US automaker it would be all over the news.


TomMTomM - 7/25/2017 3:48:44 PM
+2 Boost
I do not understand HOW that reputation for German cars came about - the Last really really reliable (For a long term) German car was the rear engine Beatle. Most of the German cars sold here are higher end vehicles that are not only poor choices for longevity (Especially after the first 3 years) - but are also expensive to fix as well. VW - supposedly an entry level - does not have a good reputation for reliability - and when their cars really breakdown - it is less costly to get another car sometimes.

I have said this before - there was time when an American Sedan had a 6 cylinder engine - crank windows - an AM mono radio - went forward and backwards - and never died. WHen they added all these new features like power everything - the cars became less reliable - so buyers moved to foreign car - small - 4 cylinder engines - crank windows - AM/FM mono radio - manual transmission - and they were now the reliable cars. However - that was in the past - and today - American made cars are on the same plane of reliability as any others. IF you generally maintain your car - there is no longer an advantage of buying a Toyota over a Chevy or Ford. (I do not consider FCA to be a domestic manufacturer). AND - the cars with the worst records of reliability are likely to be FCA models and other foreign cars.


vdivvdiv - 7/25/2017 6:05:11 PM
+2 Boost
The secret to reliable, long-lasting cars: AM mono radio with one station, Rush Limbaugh ;)


MDarringerMDarringer - 7/25/2017 6:28:36 PM
0 Boost
@TomM, do you belong the the Slant Six Club?


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