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Originally Posted by Banstead Stig
They've seriously ****ed the group balance sheet over. $18bn fine. Stone the crows!
Wonder how big an effect it'll have overall.
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Yeah. $18 billion plus the cost of rectifying the emissions on about half a million VW/Audi cars sold since 2009 in the states. If the engines are not able to pass the emissions test in the first place (hence the software added to the ECU) then making them pass isn't going to be cheap.... additional cats? How will this affect performance and will that open the door to further claims from people that their shiny new car doesn't perform as per the published manufacturers figures?
Quote from the US Chief Executive of VW:
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Michael Horn admitted at an event in Brooklyn, New York, on Monday night that VW had been “dishonest” with regulators and the public.
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Horn, speaking at an event to launch a new version of the Passat sedan, which featured rock star Lenny Kravitz, said: “Our company was dishonest with the EPA, and the California Air Resources Board and with all of you, and in my German words: we have totally screwed up.
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You're not kidding
