Friedrichshafen, Germany — With the Volkswagen AG diesel-emissions scandal nearly a month old, the reaction from the automotive supply industry has been largely watch-and-wait.
Plastics News reporters spoke with industry representatives at Fakuma 2015 in Friedrichshafen about the impact of the VW news.
Opinions were mixed on whether the reveal of cheat software from a major German manufacturer will hurt the country's reputation as an engineering and technology powerhouse.
“I think overall it was a huge impact of the credibility of German reliability,” said Korbinian Kiesl, president and CEO of Billion SA, the French maker of injection molding machines.
But a hit to Volkswagen's credibility does not necessarily mean a big impact for the automotive industry overall, he added.
Peter Neumann, CEO of Engel Holding GmbH, of Schwertberg, Austria, expects minimal damage to the larger German auto industry.
“It's limited. I'm quite sure that whatever is the reason for this in Volkswagen, in the rest of the industry they are very strict and we know … all the rules and regulations.”