Volkswagen

Discussion in 'Markets & Economies' started by rbaggio, Sep 23, 2015.

  1. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Haven't found a thread on this VW emissions coverup thingie.

    Sounds to me like this is a perfect example of a Black Swan event.
     
  2. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    It's all over the news here in Canada. Hope they start criminal proceedings cos it seems to me like they were fully aware of what they were doing.
     
  3. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    5,008
    Likes Received:
    714
    Trophy Points:
    113
    Location:
    Melbourne
    It's cause I've been actively covering it up by deleting any threads (Sarcasm Smiley).

    Come on EPA come sue my ass.
     
  4. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    VW is a big chunk of the dax, and its back into the depths of the lows in August
     
  5. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    I believe their stock is now down by at least 30% since the news broke out. If you have money to spare, seems like a good punt if ever they manage to survive this scandal.
     
  6. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    Volkswagen...

    [youtube]http://www.youtube.com/watch?v=xujyoVNHyHM[/youtube]
     
  7. petey

    petey Active Member Silver Stacker

    Joined:
    May 19, 2010
    Messages:
    1,043
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Luxembourg
    Keep in mind the potential cost of global fines/recalls.
     
  8. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    so its VW that's responsible for climate change now, finally some breathing space to do that back yard burn off
     
  9. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Hitler's Revenge is finally complete.

    Go on call Godwin's.
     
  10. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    Actually, yeah, the UK is calculating that the amount of extra NOx emissions from VWs would could be as much as all their power stations, heavy industry and agriculture combined. Basically, whatever they thought they were emitting, they need to double it thanks to dodgy VWs.

    NOx actually has a cooling effect on the atmosphere, but it also creates smog, acid rain and screws up your lungs pretty badly.
     
  11. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    Yeah and despite all the world nasties life expectancy is on the rise
     
  12. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,247
    Likes Received:
    1,203
    Trophy Points:
    113
    Location:
    straya
    the star of the german economic recovery, time to buy euro? like catching a falling knife....
     
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Enjoy all the cancers and incurable dementia.
     
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    I'd go with dementia. Getting to go shopping wearing nothing but your bathrobe and tighty-whities and meeting new people everyday.
     
  15. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    Help yourself
     
  16. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    How about the permanent migraine that results from your brain slowly atrophying?

    Seen this up close. Wouldn't wish it on my worst enemy.
     
  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,644
    Likes Received:
    1,502
    Trophy Points:
    113
    Location:
    Northern NSW
  18. Tacrezod

    Tacrezod Member

    Joined:
    Jan 29, 2010
    Messages:
    467
    Likes Received:
    9
    Trophy Points:
    18
    http://www.breitbart.com/big-government/2015/09/23/hail-vw-heroic-resistants-green-tyranny/


    "VW was bullied and hounded into paying lip service to Gaia as a result of a sustained campaign by Greenpeace, including this nauseating commercial where little kids dressed as Luke Skywalker and Darth Vader (I hope George Lucas sued the bastards for copyright) were shown battling an evil VW with their lightsabers. (Greenpeace likes few things better than exploiting and indoctrinating kids, by the way. "Give me a child until he is seven")

    And the reason for this is that, unlike most of its craven, corporatist sell-out competitors, VW was brave enough to try to fight against the technologically unfeasible, economically untenable emissions targets being imposed on it by the green commissars of the European Union.

    "The 95 g/km Long-Term-Target for 2020 is the result of a political decision taken last year. It is not based on sound impact assessment nor on a realistic appreciation of the costs and technical progress necessary to meet the goal within the timescale" Volkswagen 2010

    VW, in other words, was making a stand for its consumers and just as importantly its shareholders against a bunch of unelected ideologues who don't give a stuff for free markets or the bottom line."
     
  19. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Someone else fighting against the technologically unfeasible:

    [​IMG]
     
  20. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    You know who else is taking a stand?
     

Share This Page