Wednesday, October 14, 2015

First effects in the global automobile industry after the Volkswagen-gate

After the scandal of the German automobile make, Volkswagen, manipulating the cars to pass the fuel emission tests some recent repercussions have happened in the global vehicle sector. Today Toyota, Japan’s largest car company, has indicated that they will drop out the production of gasoline- and diesel-engine powered cars. Although the deadline is way too far away in time, because it is going to be by 2050, there is openness to the implementation of new alternative technologies.

According to Toyota’s decision we can start to think this is the start of a new wave of green car strategy or may be just an image positioning strategy. 
Only time will tell.  

By Barbara Bordon

Based on the reading of WSJ's article: 

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