Which Way, L.A.?
Is Volkswagen Trying to Skirt California Emissions Regulations?
Volkswagen admits that it cheated on smog tests for almost a half-million diesel engines in the US, with 50,000 to 60,000 in California alone. Company stock is already falling, fines could amount to $18 billion and all those vehicles will have to be retrofitted. That's if customers bring them in. Are they likely to do that when the whole point of the cheating was making the cars fun to drive?
Volkswagen admits that it cheated on smog tests for almost a half-million diesel engines, with 50,000 to 60,000 in California alone. Company stock is already falling, fines could amount to $18 billion and all those vehicles will have to be retrofitted. That's if customers bring them in. Are they likely to do that when the whole point of the cheating was making the cars fun to drive?
Also, shedding light on "dark money" in political campaigns.
Photo: Craig Lee
In this episode
2 storiesWorld’s Biggest Auto Maker Caught Perpetrating a World-class Scam
Volkswagen recently surpassed Toyota as the world's largest maker of automobiles. That includes cars fitted with so-called "clean diesel" engines -- marketed not just as being green but also as being "fun to drive."
Read the story12 minShining a Light on Dark Money
Last week, California's Fair Political Practices Commission — the FPPC — adopted new restrictions for what's called "dark money" in political campaigns. Next year, voters will be asked to crack down even harder.
Read the story9 min