Anbound's research team points out that the Volkswagen scandal over cheating U.S. vehicles emissions tests of its diesel-powered vehicles could have far-reaching impacts on the global market and the automobile industry.

1.It affects the global market confidence on the Germany industry.

2.It clearly tarnish Volkswagen’s image and affect the sales of Volkswagen worldwide.

3.It affects the market confidence on the technique used by the diesel-powered car.

4.It has negative impacts on the spare parts providers and retailers of the related products.

5.It might reshape the platinum market.

6.The global automobile market will be re-shuffled to certain extent.