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The costs for VW are going to be massive. I have seen numbers ranging up to US$86 billion (http://www.cnet.com/news/report-vw-s...horizon-spill/), and those numbers don't include the impact of class action lawsuits - many of which have already been filed. OTOH, the fear owners of a major negative impact to resale value of this debacle seem to have been over-blown - with some indication resale prices for TDI VWs have actually gone up (http://www.cnbc.com/2015/10/01/volks...ty-online.html). Perhaps they're speculating on the possibility VW may have to replace some of the cars, nor repair or alter them.
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It might help me pass emissions when I get the Cobra checked. I'll tell them if thousands of veewee's can drive around illegal, so can I:cool:
JD |
"US$86 billion"
What is the base for such a penatly, I wonder? Did somebody die? I would file for bancruptcy then and only build Bugattis.. Diesel emissions seem to be complicated. My expertise is on the petrol side. |
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