- Created: Monday, 07 December 2015 22:37
- Written by Cal Shaw
Cheating and fraud have become an increasingly prevalent feature of capitalism in deep crisis, so it will have come as little surprise to readers of FRFI when German automotive giant Volkswagen (VW) was exposed in September to be using special software in its cars to cheat nitrogen oxide emissions tests. These ‘defeat devices’ were fitted to vehicles to keep costs low, and performance high, whilst appearing to comply with environmental legislation. VW, like other corporations, is fighting for market share in a deepening crisis of capitalism. Subsequent revelations about other companies across the automotive industry also cheating in emissions tests revealed the truth of the words of an anonymous investment banker on a secret banking chatroom for the coordination of market manipulation: ‘if you ain’t cheating, you ain’t trying’.
The VW scandal
In 2014 the irregularity of VW emissions became apparent to researchers at the University West of Virginia who informed US authorities. In May 2015 the California Air Resource Board (CARB) undertook tests and then informed the Environmental Protection Agency (EPA). On 3 September, VW admitted to EPA and CARB that it had installed software to deliberately understate emissions in its vehicles. The EPA and CARB waited until 18 September before going public, coinciding with VW’s launch of its latest vehicle at the International Motor Show in Frankfurt.