-
What
- “clean diesel” vehicles
- Volkswagen
- installation of a “defeat device”
- up to 40 times the legal limit
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Financial impact
- VW set aside $ 7.3 billion
- $37'500 per vehicle with defeat device
- Total cost between $ 22 and 33 billion
- profit 2014 VW $ 12 billion
- forced to buy back the cars
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Who
- 500'000 vehicles in USA
- others vehicles around the world
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impact of health
- between 19 and 64 death in US
- more 100 death in Europe
- pollution
-
USA and Europe
- not the same legislation
- more regulation
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Diesel
- to combat global warming
- Diesel's car travel 30 percent further than a gasoline's car
- high levels of nitrogen oxides
-
environmental impact
- environmental and human costs marginalized,
- global warming
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This fraud
- defrauded investors and consumers
- deceived government regulators
- betrayed the trust of the consumers