The reason behind this story is quite simple. Germany's Carmaker generating 407 Billion Euro Revenue per year. The Auto Industrie is the largest sector in Germany. BWM, Daimler and VW stocks are part of every investment strategy in the world - depending on Europe and/or Germany. This stocks are likely to be sold now.
1.CUSTOMERS MIGHT RETURN THEIRE DIESEL CARS. 2. AT LEAST U.S. INVESTORS WILL START CLASS ACTIONS BASED ON FRAUD IF STOCKMARKET PRICES GOING DOWN ON THIS ISSUE:
Developing important story, available in German Language only. Follow up in english as soon as available. Please use translator to get the meaning in the meantime.
Umweltbundesamt zweifelt am Nutzen von Hardware-Nachrüstung
Die Autoindustrie soll per Software-Update für bessere Luftwerte sorgen. Umweltministerin Hendricks geht das nicht weit genug: Sie fordert eine technische Nachrüstung. Aber selbst da sieht eine neue Studie kaum Wirkung.
Remark: update in english language as sonn as available.
Today's facts
Regulators saying:
- Software updates not working like necessary - Hardware updates unlikely to solve out this issue
Germany's carmakers likely forced to buy back all Diesel engine powered cars they sold in Germany in the past 6 years.
Nota
Merkel Opens Door to Diesel Lawsuits as Election Rival https://Attachttps://www.bloomberg.com/news/articles/2017-08-27/merkel-opens-door-to-diesel-lawsuits-as-election-rival-attacks
Nota
China looks at ending sales of gasoline cars
China's industry ministry is developing a timetable to end production and sale of traditional fuel cars, state media on Sunday cited a Cabinet official as saying. The reports gave no possible target date, but Beijing is stepping up pressure on automakers to accelerate development of electrics. cnbc.com/2017/09/10/china-looks-at-ending-sales-of-gasoline-cars.html
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.