In the USA alone a potential $18 billion dollar fine: based on the US Environmental Protection Agency (EPA) saying that the fine for each vehicle that did not comply with federal clean air rules would be up to $37,500 (£24,000). With 482,000 cars sold since 2008 involved in the allegations, it means the fines could reach $18bn.
Now the EU and no doubt virtually every country on earth are looking into it too. In addition in the USA they are likely to prosecute some bosses. Plus I can imagine dozens of class action cases firing up. Its stock market valuation was around $75 billion. If the whole world goes for it, it could be curtains.
Even the best scenario, like no other country being affected will cost them a fortune, tarnish their name, finish them in the USA etc etc.
Their VW in USA boss has his contract up for renewal on Friday. Good luck to him.
Apart from the sheer scale and audacity of it the thing that gets strikes me is that it could help finish diesel and finally push the EU into better car tests.
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