VW scandal could mean that it's game over for diesels in the US
Thomson Reuters
FRANKFURT - Volkswagen's emissions test-cheating scandal could kill nascent markets for diesel cars in North America, Japan and China, the chief executive of automotive supplier Continental has told a German newspaper.
"The diesel passenger car could sooner or later disappear from these markets," Elmar Degenhart said in an interview with markets daily Boersen-Zeitung published on Thursday.
He added that diesel had a market share of only 1-3 percent in these countries, compared with 53 percent in Europe. Читать дальше...