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Tuesday, December 20, 2016
Report: Volkswagen Settlement Over 3-Liter Vehicles Could Add $1B To “Dieselgate” Tab
Volkswagen has already agreed to pay $15 billion to settle a large portion of its “dieselgate” scandal, so what’s another $1 billion? That figure could reportedly be added to the carmaker’s tab as part of a settlement concerning so-called “defeat devices” on thousands of 3-liter vehicles not covered by the company’s earlier settlement with federal regulators.
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7 comments:
Why is it a scandal? All they did was produce vehicles that run the way they were designed and not choked and castrated by the emissions BS.
I own a VW TDI. VW committed fraud against its customers and refined its lies over a period of about 10 years. It was calculated and purposeful. For those of us who review information carefully before deciding which car to purchase it is a very big deal. As owners, we will lose money no matter how you slice it. The original proposed settlement would have prevented that. Who knows what happened. For the first time in many years I will not own a VW because the company can't be trusted. I also don't but Exxon because of the Valdez spill or bank with Wells or others who have violated consumer rights. We can influence honesty through our purchasing choices.
Hey brainiac, Exxon wasn't piloting the ship. Were you even born then? But you don't mention BP, who WAS skipping safety protocols.
So who gets the 16 billion dollars the car owners who were cheated or does the government steal it?
They'll pay it to the car owners then the government will tax it as income and steal it "legally".
Nice...right to name calling. They were examples. BP is on the list along with others, including VW and Exon. I have my list, you can have yours - or not. The point is that VW willfully engaged in fraud against consumers as well as regulators. I understand that the point is lost on some. Not really feeling like "brainiac" is an insult. It takes hard work and studying to be informed. Name calling is much easier.
VW posted a profitable quarter. Customers get screwed. Great.
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