ruh-roh VW is in deeeeep doo doo.
09-30-2015, 03:52 AM
#51
Every car company has an incentive to cheat; some get caught. Even Honda - In 1998:
Honda agreed to $267 million in recall costs and fines to settle allegations it disabled a misfire monitoring device on 1.6 million Accords, Civics, Preludes, Odysseys and Acuras built between 1995 and 1997. Because of the disabled device, malfunction indicator lights intended to indicate poor engine performance wouldn't come on.
You are correct, and I owned more than one Honda that fell under this. It was a real issue for the leasers, who were charged for over mileage. That was a debacle, and they came through it like VW and anyone else caught "cheating".
09-30-2015, 04:07 AM
#52
Thread Starter
I would hate to someone who was in the midst of getting a new car and attempting to unload a VW diesel right now.
market value must be in the toilet.
also makes wonder about all those sign then drive leases they were giving away over the last few years.
I wonder how they were structured?
If folks didn't read their leases, they might be on the hook for the diminished value.
market value must be in the toilet.
also makes wonder about all those sign then drive leases they were giving away over the last few years.
I wonder how they were structured?
If folks didn't read their leases, they might be on the hook for the diminished value.
09-30-2015, 04:51 AM
#53
They say that they will deliver new software to resolve the cheating issue, but then they have committed a fraud to the consumer. This is a bottomless can of worms.
09-30-2015, 04:53 AM
#54
I would hate to someone who was in the midst of getting a new car and attempting to unload a VW diesel right now.
market value must be in the toilet.
also makes wonder about all those sign then drive leases they were giving away over the last few years.
I wonder how they were structured?
If folks didn't read their leases, they might be on the hook for the diminished value.
market value must be in the toilet.
also makes wonder about all those sign then drive leases they were giving away over the last few years.
I wonder how they were structured?
If folks didn't read their leases, they might be on the hook for the diminished value.
09-30-2015, 05:04 AM
#55
I'm sure that there is going to be a massive class action suit. The problem with class action suits is that the lawyers generally benefit and the owners walk away with very little. And the guilty company gets what amounts to a mere slap on the wrist.
01-14-2016, 03:30 AM
#58
Thread Starter
I would bet at this point a lot of manufacturers are worried.
To date there has been a trust relationship that the OBDII port was telling the truth.
Knowing how the govt tends to react to these sorts of things, it just cost the industry a bunch of money in additional testing.
They will have to run two tests now, one with and one without instrumentation to validate the OBDII port data.
I'm also curious about how much performance/MPG improvement VW got.
It had to be a lot to make the deception worthwhile, which means it is all the worse for them to deal with.
To date there has been a trust relationship that the OBDII port was telling the truth.
Knowing how the govt tends to react to these sorts of things, it just cost the industry a bunch of money in additional testing.
They will have to run two tests now, one with and one without instrumentation to validate the OBDII port data.
I'm also curious about how much performance/MPG improvement VW got.
It had to be a lot to make the deception worthwhile, which means it is all the worse for them to deal with.
http://www.businessinsider.com/renau...crushed-2016-1
you had to know the net would be cast wide and far.
01-14-2016, 07:21 AM
#59
The WSJ had an article yesterday that the regulators have rejected VW's proposed fix.
12-10-2017, 08:50 AM
#60
Thread Starter
Ex-VW Exec Sentenced To 7 Years In Jail For Dieselgate Cover-up
So VW exec going to the big house for 7 years.
I honestly wish that board members and corporate leaders would get time for known wrong doing.
So VW exec going to the big house for 7 years.
I honestly wish that board members and corporate leaders would get time for known wrong doing.
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