Thursday, January 14, 2016
The Volkswagen scandal and the fight against terrorism will add to the risks for the global auto industry in 2016
January 12th 2016| Multiple countries | Passenger vehicles
Argues the EIU's latest report:
2015 was the year when Volkswagen overtook Toyota as the world's largest vehicle-maker. It was also the year when the German car giant became embroiled in an emissions scandal with implications for the global automotive sector in 2016 and beyond. An industry that had congratulated itself on succeeding in cutting vehicle emissions now finds itself under intense scrutiny. Although the short-term effect on overall vehicle sales will be slight, the scandal will harden the resolve of policymakers to reduce the pollution rising from the world's increasingly choked roads.
Posted by Joao Moraes at 8:33 AM