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To: Joe Frigabaldi who wrote (192645)9/21/2015 8:35:41 PM
From: kidl  Respond to of 206326
 
Very likely. Especially since a few hedge funds probably still have very vivid memories from 2008 and the billions they lost.



To: Joe Frigabaldi who wrote (192645)9/21/2015 9:05:29 PM
From: Elroy Jetson  Respond to of 206326
 
VW placed themselves in a very awkward position, telling European regulators they couldn't meet European NOx standards they supposedly were already compliant with in America.

If you were a VW engineering manager who might lose his job over this, shorting VW stock ahead of this news might have been your best retirement option.

Daimler and BMW developed the diesel BlueTEC technology to reduce NOx which worked well with their larger and hotter-running engines - and also eliminates most or all of the need for an EGR, NOx exhaust gas recirculation unit, which saps engine power.

VW bought rights to use this technology in 2006, then abruptly dropped the agreement in 2007, perhaps because it didn't work with their smaller cooler-running engines, in favor of their own TDI diesel emissions system relying in part on a zeolite adsorbent (either vanadium, copper or iron) for NOx which clearly doesn't work well enough for their diesel engines either.

Funny that VW suddenly added a BlueTEC-like urea converter back to their 2015 and later diesels to supplement their TDI adsorbent system, and even with this they won't receive a compliance certificate for their 2016 models.

France wants to gradually phase-out diesel fuel, so maybe that's the fate of clean-diesel. - greencarreports.com