VW rigs US emissions test, loses stock value

[unit321]

The head of Volkswagen came under pressure Monday as the company saw around 15 billion euros ($16.9 billion) wiped off its market value following revelations that the German carmaker rigged U.S. emissions tests for about 500,000 diesel cars.
Martin Winterkorn apologized in a statement Sunday for the fact that his company had "broken the trust of our customers and the public." VW has halted sales of some vehicles in the United States and pledged to cooperate with regulators in an investigation that could see the company fined up to $18 billion.
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VW chief under fire after US emissions test rigging claims


For every person with a TDI version who thought their VW was eco-friendly and was proud about it....

 

[Hiphoplives4eva]

Trust germans brehs...

 

[Domingo Halliburton]

Chevy kills 174 people and only has to pay $900MM while VW 'cheats' and has to pay 20 times that....

 

[☑︎#VoteDemocrat]

Yo...this shyt is HUGE news

 

[Futuristic Eskimo]

Whoever had final say on going through with this is a dumbass. The downside risk to getting caught doing something like this is nowhere near worth it.

 

[88m3]

Chevy kills 174 people and only has to pay $900MM while VW 'cheats' and has to pay 20 times that....

good oll' protectionism



whoever signed off on this wasn't thinking straight unless it was practically impossible for them to pass emissions in the first place.



I wouldn't be surprised if someone snitched to collect a golden parachute the % for whistler blowers is ridiculous.