I really don’t think it’s going to stop anyone from buying one. If you want a diesel, you have very limited options in the US market and VW is the best at it.
It certainly won’t be $18b. I’m guessing a hair over $3b.
I’m sure that will be VW’s defense, but in the end I don’t think it will ultimately matter that much what the window sticker says. It’s common knowledge that the cars typically for exceed the EPA sticker MPG. Sales people even mention it. If that was a considerable factor for someone purchasing the vehicle. It’s going to be cheaper for them to settle than fight it.
Total speculation, but I don’t know if the emissions cheat would have even been active when they were certifying the MPG or the HP/Torque numbers, especially since that’s submitted by the manufacturer to the EPA.
That P/E is killer right now! This could be painful and hurt the brand but I dont see a future earning shakeup big enough for a ~10 P/E. Give it a little more dip and this is a siqqqqqq call options play.
you mean the ecotec3? the most fuel efficient gas V8 pickup engine ever?
loljk - you have a point - I’m sure theres worse vehicles out there. its probably more the deceit that is the issue too
If some of the numbers are correct, this is really messed up. I saw one where cars are limited to 1,000 units of emissions but some reports are saying that a car with this hack was putting out 60,000+ of that each year.
I’m not 100% sure of this, but I think the emission standards are the same for cars and light trucks. So many PPM of various pollutants. The difference would be that a larger engine would produce a higher volume, but the ratio of pollutants would still be the same. If the reporting on this was correct, and the the TDI’s are emitting 10-40 times the allowable limit, the silverado would be emitting far less NOx than the tdi’s.
I think the diesel combustion process produces much higher levels of NOx than regular gas.