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Some interesting developments in the past few days:
1) Bosch develops VW's engine control and emissions software. Bosch writes a program that changes the test mode. Bosch writes a letter to VW advising that the program is for test purposes only, and can not be used on vehicles for sale. The letter is dated 2007. A copy of it was just published in a German paper. 2) The European Central Bank finances VW's new car sales, finance, and leasing program. They advise that they won't be lending any more money to VW, evoking a comparison with Greece. New car sales will be a challenge. 3) Germany's motor vehicle department demands that VW submit a plan by October 7 to rectify the emissions of 2.8 million VW diesels sold in Germany. If they don't, the government advises that they will pull the type approval, making it illegal to operate those vehicles on public roads. Consumer lawsuits grow in number. 4) More engineers and managers leave VW, but that is not so much news as it is a steady stream now. From the above, it doesn't look like the EPA is VW's biggest problem. Jeff
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