https://www.bloomberg.com/news/arti...ons-testing-after-workers-find-a-problem (Video at this link as well)
Quote
Ford Motor Co. revealed its emission testing could be flawed and took pains to soothe anxiety among investors in an industry wracked by years of pollution scandals.
Ford said workers raised concerns about its testing in September, and it's since hired an outside firm to help conduct an investigation that could stretch into the summer. Along with the unidentified firm and regulators, the company will look into how it's used road-load specifications to simulate how aerodynamic drag and tire friction can affect fuel economy outside testing labs.
By speaking up Thursday, even before sorting out just how big a dilemma it faces, Ford managed to keep shareholders relatively calm. An initial stock swoon following the disclosure gave way to a tempered drop. The U.S. Environmental Protection Agency also signaled it's pleased the company stepped forward voluntarily.
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Quote
Ford Motor Co. revealed its emission testing could be flawed and took pains to soothe anxiety among investors in an industry wracked by years of pollution scandals.
Ford said workers raised concerns about its testing in September, and it's since hired an outside firm to help conduct an investigation that could stretch into the summer. Along with the unidentified firm and regulators, the company will look into how it's used road-load specifications to simulate how aerodynamic drag and tire friction can affect fuel economy outside testing labs.
By speaking up Thursday, even before sorting out just how big a dilemma it faces, Ford managed to keep shareholders relatively calm. An initial stock swoon following the disclosure gave way to a tempered drop. The U.S. Environmental Protection Agency also signaled it's pleased the company stepped forward voluntarily.
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