Dieselgate scandal two years on: Still paying lip-service

It’s two years since the car makers’ rigging of diesel emissions figures was exposed. 

Some of the world’s most powerful corporations are involved in this mass fraud and the scandal is still unfolding. The final cost is unknown but the scandal sounded the death knell for diesel cars as many cities are about to ban them.

Just last Friday Volkswagen added provisions of around €2.5bn to its mounting clean-up bill, which stands at around €20bn. Its share value fell by 3.1% after the announcement. The company rigged something like 11m vehicles but the brand, just one of many involved in fake tests, remains in the top three on the Irish sales chart. Dieselgate, and growing concerns about the long-term impact PCP car financing might have on the economy, underline the risks involved when profit targets trump ethical policies.