VW settles Dieselgate lawsuit before trial

[FeedBot]

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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[Frosty]

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.

[Ringo64]

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

[Frosty]

Jawohl!

 

Edited February 27, 2018 by Frosty