Incredible story of corporate duplicity.
I suspect that the algorithm used to defeat the Federal tests in the US were probably similarly used in the rest of the world.
At Volkswagen passing the EPA test was the standard, not cleaning emissions.
It is startling how the other manufacturers did not pick up on VW's fraudulent numbers.
Europe has developed a habit of punitively punishing American behemoths with monstrous fines.
Microsoft and Apple are good examples.
What the EPA will fine VW and what the Justice Department will do could be criminal prosecution and a billion dollar fine.
The extent of the damage at VW is mind-boggling.
http://www.reuters.com/finance/stocks/overview?symbol=VOWG_p.DE
| 
