Will German car giant VW go bust or should it be banned?
VW cars have admitted cheating by installing software in their cars to fool the emission test. VW owns Audi, Seat and Skoda as well as VW cars. Some think top executives should go to jail. Is this an example of top people exploiting the masses just as the bankers have risked billions by cheating with the bank rates?
In this case they are using their "concern" for the environment as a cover to skirt legal standards. While I want the execs and software engineers to be fined and/or go to jail, I don't want the company to suffer too much because thousands of workers might lose their jobs worldwide. They make good cars but enough embarrassment might help create a better culture there.
Good point taken re workers and jobs. The fines and legal proceedings will keep VW in the public eye for years so no danger of repeat criminality. But the fact remains - they knew what they were doing - to save money? No. To be smart? Yes.
These are developed nations and industrially advanced nations and boasting rules and regulations.How it happened? I am an Indian and we suffered lot in Bhopal gas tragedy when Union Carbides plant accident in 1985 and gas leakage and killing of 25000/- Indians. They may settle this issue. In India VW has plant and production of cars, vehicles , now India can not trust this great Auto manufacturer. If EU nation commits crime that will be covered and if Asian company does crime then there would have been big news and punishment.