Wednesday, September 30, 2015

Volkswagen: Could The Cost Of The Dieselgate Scandal Be Lower Than Expected?

Forbes Real Time
Volkswagen: Could The Cost Of The Dieselgate Scandal Be Lower Than Expected?
Falsifying emissions data has gotten the German group under the scrutiny of the U.S. Environmental Protection Agency and prosecutors from other countries as well, and has hurt the perception of customers, who thought they were driving a cleaner car up till now. This scandal could cost Volkswagen dearly in the near term due to fines and lawsuits, and in the longer term due to the loss of sales. However, there is a flip side to this. Depending on how the German group goes about controlling the damage, the total cost of the dieselgate scandal, might come down considerably.

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