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Significance
The vehicles were fitted with illegal software to rig diesel emission measurements. The scandal raises wider concerns that similar types of software-based fraud may affect other companies and industries.
Impacts
Comprehensive transparency and disclosure requirements are unlikely to be introduced to allow wider software monitoring.
Ineffective regulation, if widely known, may tempt companies and third parties to engage in improper conduct.
Revelations of further software misuse affecting public safety could result in greater regulatory oversight.
Keywords:
International,
INT,
United States,
Germany,
INT/US,
economy,
industry,
politics,
computers,
judicial,
patents,
regulation,
technology,
automobile,
climate,
corporate,
energy,
environment,
health,
infrastructure,
legislation
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2015
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