Yes I saw that. When the EPA rules that owners of VW diesels will have to scrap their cars or pay a hugh carbon tax you would be a fool to buy one even if it has a guarantee. VW may be killed as a company from this. In any case seriously wounded. Volvo doesn’t have the depth of VW and was almost finished a few years ago.
However, now that Volvo is part of the Geely Automotive Group from China, they finally have the money to develop really advanced engine technologies. Their new highly-advanced turbodiesel engine is because the Geely money made it possible to finish development of that engine.
Volvo is owned by the ChiComs so it’s difficult to project their financial strenght.