you know. my. at the. jail time for a big wig out for the top head of environmental department in the u.s. is sentenced to prison and others could follow. also on the program legal cannabis and an increasing number of countries means increasing amounts of money for merchants we'll show you the booming business. and meet the battery beetle if the carmakers don't produce the cars you want create them yourself this mexican man just turned his old car electric. sign for business on the w m why you gotta get us welcome to the program diesel gate has cost five millions in fines and recalls but so far the executives of the company have not been punished now in the u.s. where the scandal was first uncovered v.w.

manager all of a schmitt has been sentenced to seven years in prison and a fine a four hundred thousand dollars most feed all the executives spaced and germany haven't even lost their jobs oliver schmidt will be the first german v.w. manager to be imprisoned for his role in the emissions scandal he admitted that he knew about the software manipulation and lied about it to u.s. authorities he characterized himself as a scapegoat acting on behalf of management that didn't help him much in court but as part of his guilty plea prosecutors agreed to drop most of the counts for the time being one of the schmidt will be the final u.s. conviction in the v.w. emissions scandal the company manipulated the emissions values on their diesel vehicles for years the german car maker has already paid out over twenty five billion euros in compensation and fines in the u.s. despite the scandal folks wagon this once again making record profits. all right it's a big topic and we want to discuss it with our correspondent in new york ian's caught

the high end good to see you there now we know it now it's seven years in prison a fine of four hundred thousand dollars but i think we can say at this point it could have been worse it could have been worse but it also could have been better the attorney of all of us argued that he should not get more than forty months in prison because all of us made was not the mastermind he was not responsible for implementing the cheating software but then again he also didn't share information he had with us. and then there was this ridiculous thread of one hundred sixty nine years in prison but that was the technical thread so that to force all of us. to plead guilty ok this is the first case that we're seeing in the u.s. so far could this set a precedent for other v.w. executives for example. that's what the u.s.

prosecutors probably tried to achieve we see that quite often that prosecutors start with their lowering to try to gather information and then work their way up to higher management but most of the other executives they're managers in wolf to live in germany and not in the united states so it will be really tough to go after them and then for sure we also have to see what's happening with other german carmakers where we see similar legation. but it will be really tough to go after those managers who live in germany but i'm quite sure a lot of those will certainly not spend their next vacation in florida that's for sure thank you very much as caught covering this story for us at the new york stock exchange. but we stay on the subject because in spite of the diesel scandal the car industry here has really accelerated this past year germany's global market share moving up a gear now every fifth car built around the world was made by

a german company. german cars are everywhere the automakers here have managed to increase their global market share by continuing to build more vehicles abroad production outside of germany has accelerated by seven percent to almost eleven million vehicles a year production inside germany has also increased. for the especially good news is development on the employment side the german carmakers and distributors employ eight hundred eighteen thousand workers here at home. that's the highest level in twenty six years eleven thousand jobs have been added to the workforce in the past year. altogether german carmakers have produced a grand total of sixteen and a half million vehicles since this time last year increasing their global market share by four percent but the chinese have churned out even more at twenty four and

a half million increasing their market share by a respectable two percent over the year but the u.s. is headed in the other direction carmakers they're losing two percent of their market share manufacturing less than seventeen million vehicles around the world. despite the optimistic german figures the association of the automotive industry expects the upward trend to cool down in the coming year with new car registrations expected to fall by two percent and twenty eighteen. and a key element for every car maker is the development of electric cars that are the future of mobility but just like any new technology they're expensive well not if you're talented at enjoy a bit of tinkering take in mexico city for example he decided to update his old beetle and turned it into a state of the art electric vehicle. with fourteen batteries under the hood hector ruiz drives into mexico city's rush hour traffic and electric beetle with zero c o

two emissions a rarity in the mega metropolis with five million cars jockeying for position smog blankets the city people choke on exhaust fumes. yes there's ways that i will this here is my contribution it shows that we can all do something for the environment we have the same air in china india germany and europe everywhere. really spend four thousand five hundred euros for his electric motor the batteries were customized for his needs how many kilometers can he actually drive per day how fast can he drive. with the wind in this city and he has a car that costs sixty thousand or one thousand euro's and can go faster than one hundred fifty kilometers per hour. in a city we can drive faster than twenty or thirty kilometers per hour.

built the motor himself replacing combustion engines with batteries that's what the fifty eight year old does all day in his workshop sustainability means that you don't always have to get a new car. it's a big advantage that we have when we use it's already been built transform it into something which can still be used but without a negative effect. most of the population can't afford to buy a new electric car but since it's mostly those residents who are causing the air pollution it might be the smartest idea for the government to subsidize the modifications only three thousand euros for an electric car. distance performance charging the batteries from home pos can customize it all. if. people always wait for someone else to find the solution. but it doesn't have to be that way you think it will be done by people like you and me. we can see ourselves

as part of the solution and then solve the problem. bigger faster and father but why hector always is serious when he says he's thinking about his children's future retrofitting cars his affection to an economical why wait any longer. they were talking about electric cars in the eighty's we've been waiting for decades and then the car industry only offers really expensive ones i don't want to wait any longer i'd rather have one built for me. well in case that car is too little for you plans are now in the project of lamborghini that wants to build super cars in the near future the italian luxury car manufacturer says that the first off the line will be its new sports.