Exposed: Dieselgate's Impact on the Auto Industry
Climate One
Climate One
4.7 • 583 Ratings
🗓️ 6 April 2018
⏱️ 51 minutes
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| 0:00.0 | This is Climate One, changing the conversation about energy, economy and the environment. |
| 0:07.0 | Volkswagen's brazen cheating on air pollution rules rocked an auto industry with a history of shifting |
| 0:12.0 | of shifting business. |
| 0:13.0 | Almost every company has cheated. |
| 0:16.0 | What was different here is the level of cheating treating and the fact they kept on lying. |
| 0:22.6 | Dieselgate has now cost the company $30 billion, plus jail time for one executive. |
| 0:27.6 | But the scandal has had its silver linings. |
| 0:29.6 | One of the outcomes of Dieselgate is that the penalties include investments in electric charging infrastructure. |
| 0:36.6 | Will the newly energized push toward electric cars expand the market and drive down prices? |
| 0:41.3 | Imagine Super Bowl commercials all over the place with zero mission vehicles instead of pickups. |
| 0:47.3 | Imagine the response that the consumer would have. |
| 0:53.3 | Dieselgate and the future of the auto industry. |
| 0:57.0 | Up next on Climate One. |
| 0:59.0 | I'm Devon Strollovich. |
| 1:03.0 | In 2017, Volkswagen pleaded guilty to criminal charges of installing cheating software |
| 1:08.0 | on nearly half a million diesel cars in the United States |
| 1:11.0 | and 9 million worldwide. |
| 1:13.3 | The cheating software hid the fact that VW's so-called clean diesels actually broke pollution |
| 1:17.5 | laws. |
| 1:18.6 | Soot from diesel engines is linked to cancer and other diseases. |
| 1:22.0 | Six VW executives were indicted on criminal charges, and the company agreed to pay more |
| 1:25.9 | than $4 billion in penalties. It will also pay $15 billion to defrauded drivers. |
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