VW set to pay $4.3bn for emissions cheat

Very ouch! It will hurt the share price. Hopefully they can weather the storm and continue making cars and hopefully they will try harder to make reliable ones and regain the damaged reputation they have.
 
it amazes me how the Americans can so punitively go for VW, Toyota / Lexus et al and inflict swingeing penalties on them for violations of Federal Law under one guise or another while at the same time ignoring the US Domestic manufacturers violation of safety codes and consumers rights.

Also how the US Dept of Justice can inflict staggering fines on the European (and the rest of the world's) banks for their part in the credit crunch. The problems arose from these European & World banks buying highly complex financial products and derivatives sold under so-called securitised loan packages (read Fanny Mae and Freddie Mac) by the US financial institutions. Of course the whole thing collapsed like a deck of cards but now they're being fined for not doing due diligence!
 
Here in Deutschland VW has eliminated 30k workers from the corporation.
 

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