Posted at 6:18 PM , on October 12, 2015
How VW will impact Indian automobile industry?
The Volkswagen effect is far from over. The stock may have lost over 1/3rd of its value and the CEO may have stepped down, but the Pandora’s Box of diesel cars may have just been opened. The implications for Indian cars could be serious and long-standing.
Posted at 7:05 PM , on September 28, 2015
How one global company destroyed itself…
When Volkswagen CEO resigned and admitted that they had long manipulated emission norms in the US, it came as little surprise. For years the US authorities were investigating why Volkswagen’s emission tests on road were far worse than those done in the lab. It now transpires that VW had actually fudged its software to lie about actual emissions of its diesel cars..