TTAC Sources: IAV Was Volkswagen's Co-Conspirator in Diesel Scandal

The U.S. federal indictment of Volkswagen engineer James Liang, stemming from the automaker’s effort to cheat on emissions testing of their supposedly “clean” diesel engines, mentions an as-yet unindicted co-conspirator, “Company A”.

That firm allegedly helped Liang and his team at VW develop the software routine that only activated emissions controls when vehicles were being emissions tested. Company A was identified in the indictment as a Berlin-based automotive engineering company that is 50 percent owned by the Volkswagen group, which is also Company A’s biggest customer.

Read more
Uber CEO Indicted By South Korea For Violating Transportation Law

Uber CEO Travis Kalanick has been indicted in South Korea alongside the local branch of the California-based transportation network company for violating the nation’s prohibition on non-licensed livery drivers.

Read more
Twenty Japanese Execs Hide In Local Exile From US DOJ

At present, 20 Japanese executives are charged with price-fixing by the U.S. Department of Justice. Extradition, however, is proving hard to accomplish.

Read more
  • Ajla "and lower prices" 🤔
  • Slavuta "Users’ awareness of Chinese EV brands is surprising, given that none of the companies sell vehicles here." --- Globalism is a coin with 2 sides"American automakers like Tesla have long been aware of the threat from Chinese auto companies." --- Does "threat" means 'competition'?
  • Jeff S Not having a marketing department or marketing a product in the long run is not a good strategy for Tesla. Eventually we will have BYD and other Chinese EV companies in the US. Tesla is now a car company and less of a tech company and they will have to act more like a car company if they are to compete with BYD and other EV manufacturers. Tesla is no longer the only EV company.
  • Jmo2 “The only problem is that fatal accidents have generally trended upward the more of the above safety systems came online.”Obviously you’ve accounted for the advent of smartphones in your analysis? Walk me through it…
  • JMII For what is worth (not much)... I was just in Sao Paulo Brazil for a week and saw several BYD vehicles - they were pretty decent looking. I asked my Brazilian co-workers about them and he said they have good reputation as being a nice, high-tech type of car. In Brazil I am sure the price point is the main draw but apparently the tech of these cars makes them desirable too.