It doesn’t pay to cheat. That’s the lesson Volkswagen will likely learn next Tuesday, when the (extended) deadline expires for filing a final settlement agreement to resolve its use of emissions-cheating “defeat devices” in more than 500,000 vehicles in the U.S. According to one report, VW’s “clean diesel” debacle will cost the carmaker $10.2 billion. [More]
the cost of cheating
VW’s Emissions-Cheating Scandal Could Cost Carmaker More Than $18B
By 4.28.16
It doesn’t pay to cheat. That’s the moral of Volkswagen’s ongoing emissions-cheating scandal after the carmaker announced Thursday that its tab for fixing vehicles, compensating owners, and paying fines to federal regulators in the U.S. could exceed the $18 billion previously earmarked to address the scandal. [More]
