Outstanding Skoda Octavia is deserving of praise

It is hard to know yet exactly what effect the Volkswagen ‘dieselgate’ scandal will ultimately have on the giant German manufacturer in terms of ongoing reputational damage and the financial fall-out that will inevitably follow.

Indeed, until all the many and varied investigations are completed and those responsible have been subjected to the rigours of the legal system, neither the buying public or VW itself will know where they stand.

All of that is some time off yet but when the truth emerges, the guilty are identified (and punished) and all the dust finally settles, VW may well be left with a situation where the company’s future well-being has been forever tainted, with share prices already down 40% and a battery of class action cases coming down the tracks both in Europe and the US.