Update1 – VW CO2 Fraud May Split or Sink Firm + Why Latest 2016 Cheaters List Is Devastating
Updated 11.14.15 Any press release with bad news is best to send out on a Friday evening. This is generally a way to slide by the major news cycles — hoping to sidestep making the front page of business newspapers. Volkswagen will not be so lucky this time with their deceitfulness: the latest revelation is perhaps the most damning yet. Since the initial TDI NOx emissions scandal was announced by the EPA on September 18th, the Volkswagen Group has been in a panicked paralysis. The actions of the firm have led to widespread credit rating downgrades, a 5.3-percent drop …