F.B.I. Arrests Volkswagen Executive
About time corporate CEO's get held accountable for their management decisions and/or mandates !!!!!! F.B.I. Arrests Volkswagen Executive on Conspiracy Charge in Emissions Scandal NYTimes w...
Forum Discussion
Bedlam wrote:
I don't believe the current owners have a choice. They will not be able to renew registration due to non-compliance to US standards.
Actually, they will be able to register it according to the settlement terms. VW is paying a large fine to "pay for" their over-emissions for the approx. 15% of people who choose to keep the cars. If they don't reach the 85% mark, they have to pay more depending on whatever the percentage is.
They are bribing us to turn in our cars so they don't have to pay more fines. The payout is so good that even though it is the best car I've ever owned it would be stupid to not sell it back. With 112K on it, the market value would be much less than half of the $ I will get by turning it in.
