Wednesday, November 04, 2015

Will Volkswagen last?

Another example of VW's cheating mentality has cropped up. The company announced that it had understated emissions of carbon dioxide, a greenhouse gas, for about 800,000 of its vehicles sold in Europe, and overstated the cars’ fuel economy. This will cost them about 2 billion euros, or about $2.2 billion, in possible financial penalties. This will bring the likely total financial penalties to almost 9 billion euros. This latest example has been going on since 2012.

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