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EU Transportation

Volkswagen Headquarters Raided Again After They Disclosed New Diesel Filtering 'Issue' (reuters.com) 24

Posted by EditorDavid from the oh-fahrvergnugen dept.
"Reuters is reporting that German public prosecutors have again raided the Wolfsburg headquarters of Volkswagen in the latest investigation into the carmaker's diesel emissions," writes Slashdot reader McGruber.

The purpose of the raid was to "confiscate documents," the article reports: Volkswagen, which admitted in 2015 to cheating U.S. emissions tests on diesel engines, said it was fully cooperating with the authorities, but viewed the investigation as unfounded.... The carmaker said it had itself disclosed the issue at the center of the new investigation -- which is targeting individual employees -- to the relevant registration authorities...

Volkswagen said the raids were linked to an investigation into diesel cars with engine type EA 288, a successor model to the EA 189 which was at the heart of the test cheating scandal... In simulations, vehicles with the EA 288 engine did not indicate a failure of the diesel filter, while still complying with emissions limits, Volkswagen said, adding the engine did not have an illegal defeat device.
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Volkswagen Headquarters Raided Again After They Disclosed New Diesel Filtering 'Issue' More

Volkswagen Headquarters Raided Again After They Disclosed New Diesel Filtering 'Issue'

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  • Now would be a great time for a Herbie reboot. Make him a rebel with a manual transmission and keep the Fahrvergnügen going for another generation.

    As an aside, this is a breath of fresh air as far as scandals go. At least this wasn't an accounting scandal.... Let the nerds and engineers flash their cool kid cred on occasion. Breaking rules is what made the rock-n-roll era of cars so cool! At least they've still got it!

  • Let me explain... (Score:3)

    by 140Mandak262Jamuna ( 970587 ) on Saturday December 07, 2019 @07:53PM (#59496306) Journal

    In simulations, vehicles with the EA 288 engine did not indicate a failure of the diesel filter, while still complying with emissions limits, Volkswagen said, adding the engine did not have an illegal defeat device.

    What they mean is, there is indeed a defeat device, but they claim is not an illegal defeat device.

    Just sad. Finally it seemed to be coming around, making meaningful investments for BEV, finally seemed to be coming around accepting BEVs.

    Did not know this before. In Europe companies lease cars for their mid level managers too. All expense paid lease affairs, all maintenance and fuel thrown in too. But it is considered income in kind and is taxed. Outcome of this model is, the car buyers dont look at the car price, or the down payment. They only look at the monthly tax bill. This depends on Total Cost of Ownership. Most other private buyers balk at the initial price, and are worried about resale value. But these people dont care about them. The low maintenance and low fuel cost of BEVs make them punch a level above their class. Some 40% of the cars in Europe are sold under this model where TCO rules supreme

    So far the TCO calc for BEVs came from BEV fan sites dominated by Tesla fans. Thus the numbers were always looked at with a tinge of suspicion. No longer, finally a neutral party Bank of America Merryl Lynch is reporting the serious cost benefits of BEV. The numbers are stunning, we are talking about 10 to 20 times smaller monthly tax impact! This report is from Tesla/BEV fan site [cleantechnica.com] (I am not yet able to find the original to link to yet. )

    This should put all doubts about demand cliff and lack of demand for BEV.

    Significant part of the lower cost comes from Tax incentives for electric cars and additional taxes/restrictions for ICEV. So the benefits might not be as significant in USA and other European countries. On the other hand, this is a three year projection using much lower miles per year. Even they dont off set each other, the TCO benefit is being reported by a neutral third party for the first time.

    Similarly two months ago the collapse of the used car market for the luxury segment was reported by [capitalone.com]. Again completely neutral, pure report on the prices of the used car market for one to two year old luxury cars. The gas cars lost 30% of the value in addition to their normal depreciation. They are now going at some super steep discount.

    • Outcome of this model is, the car buyers dont look at the car price, or the down payment. They only look at the monthly tax bill.

      Having had a company car provided to me by a UK employer (albeit many years ago), I can tell you that that is not quite how it works. The car "buyer" in this case is the employer and the employers do look at the monthly cost. An employee will either be given a budget, or a list of cars from which to choose. The monthly costs very much affect what cars are available to the employee

      • Re: (Score:2)

        by sbryant ( 93075 )

        I agree.

        In a lot of cases, the employer sponsors a fixed amount per month, and the employee must pay any excess. The monthly payment boils down to 2 things - lease and tax.

        The leasing rate depends on all sorts of things - not only is the purchase price of the vehicle important, but the expected resale value post-lease. The car buyer is the leasing company, and they will ensure that costs are passed on.

        The tax system will no doubt differ from country to country. I know, for example, that in Germany it dep

    • The forulary for the TCO does not include the costs of what happens to vehicles after the end of a typical 3-5 year closed end lease. Accidents are a big one. Cost of repairs to a conventional powered vehicle in a collision are about what a Tesla would incur after blowing a tire. The Tesla fanboys don't like to talk about that, because many tire shops cannot do the repairs the way Tesla requires them to, or the damage to the vehicle could cause it to be totaled instead of repairable. Insurance companies

  • the fine is less then they saved so rock on! (Score:3)

    by Joe_Dragon ( 2206452 ) on Saturday December 07, 2019 @07:54PM (#59496312)

    the fine is less then they saved so rock on!

  • VW Creditless (Score:3)

    by slick7 ( 1703596 ) on Saturday December 07, 2019 @10:17PM (#59496592)
    I am truly impressed with VW autos. However, the piece of shit company and their pirate management can't spend enough time in prison, at real hard labor. And that goes for their dealerships doubly.
    • It all started with Porsche taking over VW.

      (Writing from memory. Sorry for errors) 20% of VW was owned by some local state government and is prohibited from selling by law. But by some quirk of something that 20% was not taken away from the float of VW. So people shorting the stock mistakenly believed there was a larger supply of shares than what really existed. Porsche saw this, used a secret, borderline illegal options trading to corner enough shares, to trigger an epic short squeeze. There simply were

      • currently 30% of public available tesla shares are shorted. Sit back and enjoy the show

        • Which means there is 70% of the float is not yet shorted. There is adequate supply. Cost of borrowing TSLA is minimal. Just 0.3% per year.

          There is not going to be any serious short squeeze of TSLA in the near future.

          But the shorts are not being squeezed, but they are being bled. Seriously. S3 Partners has been tracking shorting of Tesla since 2016 Jan 1. By 2018 Dec 31 the shorts had collectively lost around 5.6 billion dollars. Including 300 million a year in stock borrowal fees. They came very close

      • It all started with Porsche

        Porsche started VW, with Hitler; photos on the net. It's where the "Thing" originated. VW is the poor man's Porsche. The engineering is really good, not so their ethics. Look at Germany now. Heil Merkler!

  • Complaints to VW rendered my TDI a major NOx producer which stunk the car to high heaven of diesel fumes. Ultimately, a heart attach forced me to reason that the diesel exhaust was to blame. VW deserve all the press, all the raids and every red cent that the company earned off diesel taken. But most of all...they deserve to go to hell where they and their cars can spew into eternity.

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