To: SeekAndFind
By the time that the EPA gets their fine, the state AG’s get their loot, and the lawyers in the US do a class-action episode....that’s probably in the range of 30-billion. Then the Europe and Asia episodes will occur. In the end, figure a grand total of fifty to sixty billion that it will cost to make people happy.
To: pepsionice
I see 2015 VW TDI sedans in my neighborhood and think: that car probably cost $35K... now what is it worth?
All owners of these cars have to have a class-action suit ready for submission. What is that going to cost VW?
4 posted on
09/28/2015 9:03:26 AM PDT by
ReleaseTheHounds
("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
To: pepsionice
So here's the question. Will VW be able to absorb all these fines and lawsuits, or will this drive them into bankruptcy?
5 posted on
09/28/2015 9:03:47 AM PDT by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: pepsionice
At some point if the extortion becomes too much, won’t it be better for VW to simply abandon the US and refuse to pay tribute?
To: pepsionice
Then VW goes bankrupt and nobody gets anything.
42 posted on
09/28/2015 9:57:40 AM PDT by
Blood of Tyrants
(There's a right to gay marriage in the Constitution but there is no right of an unborn baby to life.)
To: pepsionice
Emission standards are stupid. The left now whines about CO2 but the catalytic converter changes CO to CO2 and was mandated by the liberal tyrants.
80 posted on
09/28/2015 3:58:04 PM PDT by
Fledermaus
(To hell with the Republican Party. I'm done with them. If I want a Lib Dem I'd vote for one.)
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