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VW settles Dieselgate lawsuit before trial

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Consumer Reports tests 2015 Volkswagen Jetta TDI diesel in 'cheat mode,' October 2015 [video frame]Volkswagen AG last week reached an agreement with more than 300 diesel car owners just days before what was expected to be a high-profile trial over the automaker's excessive diesel emissions. Reuters reported that Volkswagen reached a settlement Friday with David Doar, a North Carolina man, and roughly 300 other owners who joined his lawsuit...

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VW has already spent/lost $30 billion (with a "B") on "Dieselgate" and I suspect they aren't done yet spending money.  I wonder what this will do to their worldwide reputation - long term.

Clearly the shareholders must already be pissed and there seems to be no end in sight.

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That's a crazy amount of money. See kids, this is why you always tell the truth :lol: 

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Jawohl!

 

Edited by Frosty

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