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Impact on Porsche's reputation? The same as water on Mars.
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So an IRS, in your underwear audit is ok with you? Pay every dime and then some to the Feds and Uncle Sam, who by the way, are filled with the biggest dirt bags on the planet? Might be apples and oranges, but I won't condemn VW for trying to beat the emission system. At least they didn't lie about something like, oh I don't know.... airbags? |
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So,what are you saying exactly? Are you OK with rolling back allowable emissions to pre-1968 levels? If not, what's good enough? What level of enforcement and validation is acceptable? Would you depend on companies to comply because it's the right thing to do? What other functionality is it OK for car manufacturers to cut corners or lie about? How about other products and industries? What should they be allowed to get away with? To answer the original question, my opinion is VW will be minimally affected. The fines and lawsuits may sting a bit, but they are too big and diversified to fail. Porsche won't be affected by the controversy at all. Hugo |
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We are only a week or so into a debacle that will take months or years to work through the system and to say that any VW division, Porsche included, won't be affected in some way is not yet clear - IMO. Certainly budgets are not going to be what they were when all the VW & Audi sales charts were going up and to the right. Reference the now kaput takeover of Red Bull F1. And just because Porsche may be highly profitable, that doesn't mean every Porsche project will be protected when the corporate cash crunch hits. The opposite could well be true as they are asked to contribute even more surplus. Volkswagen Likely to Get Chilly Reception From Bond Market - WSJ |
What might happen to Audi and Porsche:
Will Volkswagen Have to Sell Audi? - Honda Motor Co., Ltd. (ADR) (NYSE:HMC) - 24/7 Wall St. |
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You know the hedge fund manager who got caught for insider trading?
Yea, THAT'S the guy you want managing your money. You should demand some major value add for your 2 and 20 fees. In the end, the consumer got a better product from VW (at the expense of the climate) Some people may view this as a positive. |
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They got caught. The fines will be humongous. Let those among us who live in glass house throw the first stones. You've got a stone handy, I imagine. Are you and your business dealings squeaky clean, along with your tax returns? That's what I'm saying. |
Time for the daily humor break..............Found on a Volkswagen in Portland.
http://forums.pelicanparts.com/uploa...1443474982.jpg http://www.zerohedge.com/news/2015-09-28/found-volkswagen-portland |
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No, no stones here, I'm just trying to find out to what degree you and others accept unethical behavior. In terms of my business dealings, I don't have much in that vein because I'm just a wage earner so there's not much opportunity for shenanigans. I don't play games when it comes to taxes. I've seen firsthand how the IRS can ruin someone's life, I'm not about to ruin mine. Hugo |
Well put Hugo.
With these and other very public travesties, I tend to give the higher ups a pass for their ignorance/incompetence. It's much more likely the engineers, software or otherwise, pulled this off without their knowledge. They were given a task they couldn't deliver, so they delivered it another way...wink wink, and almost got away with it. I'm sure their raises and bonuses continued. I'm not accepting unethical behavior. I doubt very highly this was a well thought out, upper management sanctioned procedure. I just won't condemn an entire company, it's history and it's sister companies because a couple of guys cheated on their job. To think this was a system wide, conglomerated evasion of mandates is beyond my comprehension and day to day reality. |
Nick, I live in Southern Cal. I'm sure they also found this cheat. I'm just disappointed in VW that they were so dumb to think they would not be caught!!! Why they would have done this in the first place? For years we have been hit with ads about German engineering. Maybe the guy who thought this hack up was the same guy who designed our heating and ventilation system. Now that was brilliant!
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ethics in technology? not yet…...This is the world we live in today…… this is just the first discovered breach…..
I own a 2.0L TDI….. I do feel deceived…... |
C'mon guys! Do you really think this was a couple of rogue software engineers led by incompetent management? We're talking about one of the most sophisticated, control freakish manufacturers in the world and it's inconceivable that management didn't know. Even the testing group in West Virginia that accidentally discovered the issue published it and was questioned by VW almost 2 years ago.
And then there's this: Bosch Warned VW About Diesel Emissions Cheating in 2007 |
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Oh, No!! My car has the exceedingly rare diesel 3.2 aircooled option!! Value will plummet!! :D
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In 18 months, everyone will forget this foray into corporate greed that craps on the air we/they breath. But thanks to clever marketing and a few fines, it will be back to business as usual. Any bets on this being the last corporation that damages the air and water for sake of profit? Could this be the last one? Could it?
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I predict a steep increase in OEM Porsche part prices to recoup the big losses that will result from this fiasco.
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It begins......
County wants $100 million for Volkswagen fumes - Houston Chronicle Wonder if still have time to get a law degree?http://forums.pelicanparts.com/suppo...leys/smash.gif |
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