Post Profile






The US government doesn't want to put VW out of business

As a result of cheating on emission tests with half a million vehicles in the US, Volkswagen is set to pay the largest fine in the history of car business: $16.5 billion. Of course, VW is a very big company, selling millions of vehicles worldwide, so it can take the punishment. But that doesn't mean it isn't going to hurt. According to Bloomberg's Tom Schoenberg and Alan Katz: It’s not clear what penalty range the U.
read more

share

Related Posts


Over 2 Million Volkswagen Cars Affected By Emissions Scandal

News : Huffington Post

BERLIN, Sept 28 (Reuters) - Audi said 2.1 million cars worldwide were fitted with the software that allowed parent Volkswagen to cheat U.S. emission tests. Some 1.42 million Audi vehicles with so-called EU5 engines are affected in W...

Volkswagen Emissions Scandal May Cost European Car Manufacturer Over $7 Billion

News : The Inquisitr - News

The Volkswagen emissions scandal revealed recently could create a major setback in business for the European manufacturer. It was reported that 11 million vehicles were equipped with diesel engines as well as emissions cheating devi...

Volkswagen to recall 11 million cars

Business & Finance : Business Report

VW plans recall up to 11 million vehicles as it tries to address the scandal over its emissions test cheats. ||| Wolfsburg, Germany - Volkswagen has signalled that it plans recall up to 11 million vehicles as it tries to address the...

VW Will Pay Record $14.7 Billion in Emissions Cheat Scandal

Utilities / Energy : Environmental Management & Energy News

Volkswagen has agreed to spend up to $14.7 billion after cheating emissions tests and deceiving customers by installing “defeat devices” in almost half a million diesel cars.

There's no way Volkswagen is going to pay the US $18 billion in fines for cheating on emissions tests

Business & Finance : Business Insider: Money Game

Volkswagen stands accused of cheating on emissions tests and violating U.S. clean air standards. It's a serious allegation: EPA officials say nearly 500,000 cars from across VW's major brands and models (Passat, Beetle, Audi A3, Jet...

Comments


Copyright © 2016 Regator, LLC