VW shamed into paying

BlazeES

Veteran and General Yakker
Joined
Aug 17, 2011
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Volkswagen (VLKAY)
– The auto company will pay an additional $86 million in penalties to
California over its emissions scandal. This will be in addition to the
$14.7 billion settlement reached last week with US officials.


L :laughing8: L

Like California has any right penalizing them individually.
 
They do.

California's emission standards are among the most stringent in the nation, and their laws were violated when others might not have been so much, and there are other reasons.

When you are paying 14-15 BILLION in fines and repairs or replacement costs, a few paltry million dollars is pee in the pot.

As this point the survival of the company is a far larger spectre than that fine.
 
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