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Started By
Message
VW understated fuel consumption on 800,000 gas powered cars
Posted on 11/3/15 at 7:15 pm
Posted on 11/3/15 at 7:15 pm
quote:
VW says fuel usage understated on some models; Porsche warns
LINK
Volkswagen (VOWG_p.DE) on Tuesday said it had understated the fuel consumption of 800,000 cars sold in Europe, while majority stakeholder Porsche Automobil Holding SE (PSHG_p.DE) warned that VW's latest findings could further weigh on its results.
The latest revelation about fuel economy and carbon dioxide emissions, which Germany's largest automaker said represented a roughly 2 billion euro ($2.19 billion) economic risk, deepened the crisis at VW.
The scandal initially centered on software on up to 11 million diesel vehicles worldwide that VW admitted vastly understated their actual emissions of smog-causing pollutant nitrogen oxide.
U.S. environmental regulators said on Monday that similar "defeat devices" were installed on larger 3.0 liter engines used in luxury sport utility vehicles from Porsche and Audi, although VW has denied those allegations.
Porsche's North American unit said it was discontinuing sales of Porsche Cayenne diesel sport utility vehicles until further notice, citing the allegations.
The latest findings that VW understated fuel consumption and carbon dioxide emissions, areas which U.S. regulators have yet to address, were disclosed as VW continues a broad review of its handling of all pollution-related issues.
"VW is leaving us all speechless," said Arndt Ellinghorst of banking advisory firm Evercore ISI. "It seems to us that this is another issue triggered by VW's internal investigation and potentially related to Europe."
The carmaker said it would immediately start talking to "responsible authorities" about what to do about the latest findings.
"From the very start I have pushed hard for the relentless and comprehensive clarification of events," Volkswagen Chief Executive Matthias Mueller said in a statement. "We will stop at nothing and nobody. This is a painful process but it is our only alternative."
I know that companies occasionally stretch the truth about their products, but it just seems like this emissions scandal has exposed some serious issues with VW's corporate culture in both the US and Europe.
Posted on 11/3/15 at 7:16 pm to goofball
This is like cheating in the NCAA, everyone does it
Posted on 11/3/15 at 7:19 pm to goofball
(no message)
This post was edited on 11/3/15 at 7:20 pm
Posted on 11/3/15 at 7:28 pm to goofball
Didn't this happen already?
Posted on 11/3/15 at 7:36 pm to fightin tigers
I wonder if the hammer will fall on all of the other manufacturers.
Posted on 11/3/15 at 7:37 pm to DownshiftAndFloorIt
I wouldn't be surprised to see mileage level out for the next year or two.
Posted on 11/3/15 at 7:42 pm to DownshiftAndFloorIt
quote:
I wonder if the hammer will fall on all of the other manufacturers.
I'm surprised VW didn't learn from Hyundai's example a year or two ago. I imagine manufacturers that overstate their mileage will quietly adjust them.
Posted on 11/3/15 at 8:06 pm to goofball
My VW diesel actually gets 15% better fuel economy than the sticker. Wonder if they get credit for that?
Posted on 11/3/15 at 8:09 pm to fightin tigers
No, not really.
This has real penalties.
This is gonna be a huge cluster.
This has real penalties.
This is gonna be a huge cluster.
Posted on 11/3/15 at 8:09 pm to goofball
The hits just keep on going for VW. This is bound to affect their lineup and vehicles for years to come.
Posted on 11/3/15 at 8:22 pm to Kino74
I really like my diesel Jetta, and don't plan on letting them reset the software. There's no way the emissions are even close to being like those of the smoke belching diesel trucks with programs on them
This post was edited on 11/3/15 at 8:27 pm
Posted on 11/3/15 at 8:36 pm to VetteGuy
quote:
No, not really.
This has real penalties.
This is gonna be a huge cluster.
No doubt it has real consequences, just doesn't surprise me that all these companies stretch the truth.
This is the second company to be caught in as many years. Slaps on the hands are all they are really getting right now.
Posted on 11/3/15 at 8:47 pm to fightin tigers
Ford had an issue with overstating HP awhile back and in that case, it was more of a marketing penalty than anything else.
EPA deals, I thought, had pretty significant penalties. Obviously, there'll be a marketing penalty also.
As an aside, I've generally found stated MPG to be pretty accurate, if not a little on the conservative side. This has been especially true from 2000 on.
EPA deals, I thought, had pretty significant penalties. Obviously, there'll be a marketing penalty also.
As an aside, I've generally found stated MPG to be pretty accurate, if not a little on the conservative side. This has been especially true from 2000 on.
Posted on 11/3/15 at 9:01 pm to DownshiftAndFloorIt
quote:
My VW diesel actually gets 15% better fuel economy than the sticker. Wonder if they get credit for that?
Well, they completely cheated on the emissions control for that one.
Ever wonder why Honda, Toyota, and Ford don't have small diesels in the US? Because the technology required to pass emissions costs a hell of a lot more than VW was charging. Turns out that VW wasn't innovative. They were cheating.
This post was edited on 11/3/15 at 9:03 pm
Posted on 11/3/15 at 9:04 pm to member12
Didn't Chrysler put out a small diesel a few years back?
Not sure what the specifics were, was in the Liberty line.
Not sure what the specifics were, was in the Liberty line.
Posted on 11/3/15 at 9:13 pm to member12
quote:
They were cheating
VW to announce new NASCAR team in 2016.
"Vee feel dat we haf all da tools to be competitive."
Posted on 11/3/15 at 9:18 pm to member12
I still haven't seen any real publications about the testing done. I haven't looked all that hard for it but I bet it isn't half as bad as its being made out to be.
Funny that after all these years Volkswagen is one of the first to get publicly bombed for overstating fuel economy on the heels of the diesel emission scandal going public. It's been a known issue with manufactures forever and everyone just took it as normal.
Funny that after all these years Volkswagen is one of the first to get publicly bombed for overstating fuel economy on the heels of the diesel emission scandal going public. It's been a known issue with manufactures forever and everyone just took it as normal.
Posted on 11/3/15 at 10:58 pm to DownshiftAndFloorIt
VW makes great cars. I wish I had a bunch of money laying around I'd buy stock in VW. Once this thing is over the stock is going to soar.
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