How Much Did That F-Up* Cost Volkswagen?


We Tally Up the Losses from the Dieselgate Emissions Scandal

How Much Did That F-Up* Cost Volkswagen?
October 26, 2015 In the first half of 2015, Volkswagen overtook Toyota as the world's top carmaker by sales. It doesn’t look like it’s going to stay on top very long. Last month, it was revealed that Volkswagen had installed software to cheat U.S. Environmental Protection Agency (EPA) tests for almost 500,000 diesel engine VW and Audi cars, model years 2009-2015. These cars passed EPA tests, but in real-world driving they emit up to 40 times the legal limit of nitrogen oxides. As investigations and lawsuits mount up around the world, MoneyTips looks at how the biggest crisis in the German company's 78-year history involving 11 million cars worldwide will affect their bottom line.
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Sara | 10.26.15 @ 16:01
Yikes that is a big screw up. But I am glad that they were caught in that scandal.
Sarah | 10.26.15 @ 16:02
yeah. I was less than impressed the last time you chose to abbreviate foul-up. still unimpressed. not very professional.
Steffanie | 10.26.15 @ 16:02
Wow that a big f-up
Erin | 10.26.15 @ 16:03
I'm more worried about what it's costing the environment.
Beverly | 10.26.15 @ 16:04
Just goes to show that someone else's mess up can be worse than yours. Those are expensive mistakes!
steven | 10.26.15 @ 16:04
Yep I would say that that was a big f-up.
Chrisitna | 10.26.15 @ 16:04
What a mess!
Zanna | 10.26.15 @ 16:06
More than the corporate financial loss, they've lost the trust of consumers who thought they were making a better environmental choice. It will take a miracle to get that back.
Jo Ann | 10.26.15 @ 16:06
Well it serves them right. Businesses that knowingly rip off consumers deserve to lose, especially when consumers put their faith in them as a company. I don't feel sorry for them.
$commenter.renderDisplayableName() | 01.28.21 @ 11:43