Diesel market still unaffected by VW cheating scandal, says Bosch image

German automotive parts maker Robert Bosch, a leading global supplier, has seen no impact on the diesel car market so far as a result of the massive emissions crisis that has engulfed Germany’s Volkswagen AG, the world’s largest automaker by sales after the first six months.

According to Bosch’s chief executive officer, Volkmar Denner, who talked to media representatives on the sidelines of the opening of a new research center in the German town of Renningen near Stuttgart, the positive situation would “depend, though, on an active campaign for diesel to quickly dispel the current uncertainty that many consumers are feeling.” German Economy Minister Sigmar Gabriel also warned against condemning the diesel technology overall, which has evolved tremendously in the span of just a few decades, though he also added the country needed to up its game and hastily switch to alternative engines. He added he envisions the introduction of incentives and subsidies designed to close the price gap between electric and traditional, internal combustion engine powered autos.

Volkswagen, also Europe’s biggest automaker, acknowledged last month it had duped US emissions regulators and triggered the biggest crisis in its 78-year history when it also admitted the illegal software had been installed in up to 11 million autos sold worldwide during the past seven years. Bosch is the provider of a popular diesel engine management program that many automakers, including VW, use – though US officials announced last week it was not preprogrammed to alter the functionality of the engine and cheat laboratory emissions testing procedures.

Via Reuters