They will not spare even poorer countries with the likes of Sri Lanka whose car dealers will no doubt jump at the first offer of marketing the VW cars in Sri Lanka. They see that there is a set of society Sri Lanka that are willing to pay over 400% duty tariffs to own a Japaneese Car. So an europeon car is well within their taste since now Japaneese vehicles are owned even by the most menial criminal. There is very little pleasure in owning one at present.
I begin to distrust the very idea of some discussions that were held with VW and the SL officials over setting up a VW production line!! Was it a assembly line for new cars or dealership to sell VW cars new and old at cheap prices knowing very well that there were internal inquiries going by the US environmental authorities?
What ever, I feel that the ethics practiced in business needs a good shaking and such scandals should open the eyes of our local law makers and restrict the tendencies to practices deception at corporate level on a mass scale. The top executives and board of directors have committed a criminal offense and just not a case of lack of proper management or good governance!
Fri Jul 19, 2024 10:30 am by faithhharris
» CCS.N0000 ( Ceylon Cold Stores)
Wed Mar 20, 2024 11:31 am by Hawk Eye
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Wed Sep 13, 2023 12:16 pm by lauryfriese
» When Will It Be Safe To Invest In The Stock Market Again?
Wed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා
» Dividend Announcements
Wed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» SEYB.N0000 (Seylan Bank PLC)
Thu Mar 30, 2023 9:25 am by yellow knife
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
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» In the Meantime Within Our Shores!
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» What is Known as Dementia?
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» SRI LANKA TELECOM PLC (SLTL.N0000)
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» COMB.N0000 (Commercial Bank of Ceylon PLC)
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» REXP.N0000 (Richard Pieris Exports PLC)
Sun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා
» RICH.N0000 (Richard Pieris and Company PLC)
Sun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා
» Do You Have Computer Vision Syndrome?
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» What a Bank Run ?
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» GLAS.N0000 (Piramal Glass Ceylon PLC)
Wed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා
» Cboe Volatility Index
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» AHPL.N0000
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» TJL.N0000 (Tee Jey Lanka PLC.)
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» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
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» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Fri Mar 10, 2023 4:43 pm by yellow knife
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Fri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා
» CSD.N0000 (Seylan Developments PLC)
Fri Mar 10, 2023 10:38 am by yellow knife
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Thu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා
» Bakery Products ?
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Sun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා
» Going South
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» When Seagulls Follow the Trawler
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» Re-activating
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» Banks, Finance & Insurance Sector Chart
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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