Dieselgate: The Volkswagen Emissions Scandal Explained [Yahoo! Finance]
PORSCHE AUTOMBL UNSP/ADR (POAHY)
NASDAQ:AMEX Investor Relations:
porsche-se.com/en/investor-relations
Company Research
Source: Yahoo! Finance
First revealed in 2015, the scandal not only cost Volkswagen billions in fines but also profoundly impacted the global automotive industry and regulatory landscape. Dieselgate refers to Volkswagen's intentional installation of "defeat devices" in diesel vehicles to cheat emissions tests. These devices, embedded in the engine control software, could detect when a car was undergoing official emissions testing and temporarily reduce nitrogen oxide (NOx) emissions to comply with legal limits. However, in real-world driving conditions, the cars emitted up to 40 times the legal limit of NOx, a pollutant linked to respiratory issues and environmental harm. The scandal began unraveling in 2014 when researchers at West Virginia University conducted tests on Volkswagen diesel models. Their findings revealed significant discrepancies between lab test results and real-world emissions. The U.S. Environmental Protection Agency (EPA) launched an investigation, which culminated in Volkswagen admi
Show less
Read more
Impact Snapshot
Event Time:
POAHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
POAHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
POAHY alerts
High impacting PORSCHE AUTOMBL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
POAHY
News
- Porsche weighs scrapping electric models as costs climb [Yahoo! Finance]Yahoo! Finance
- Porsche Might Kill Its Electric Sports Cars: Report [Yahoo! Finance]Yahoo! Finance
- EV Porsche 718 Boxster, Cayman May Be on the Chopping Block as Company Reassesses Strategy: Report [Yahoo! Finance]Yahoo! Finance
- Bertrandt Aktiengesellschaft (ETR:BDT) stock most popular amongst public companies who own 29%, while private companies hold 25% [Yahoo! Finance]Yahoo! Finance
- Porsche Faces Sales Slump and Leadership Change as EV Strategy Collides With Global Market Shifts [Yahoo! Finance]Yahoo! Finance