Volkswagen Says 11M Cars Worldwide Are Affected in Diesel Deception

Posted by 001sky on Tuesday September 22, 2015 @08:07AM
from the nytimes.com dept.

( 3 comments | 10 points | on HN )

Re:Volkswagen Says 11M Cars Worldwide Are Affected in Diesel... by jbob2000 on Tuesday September 22, 2015 @10:21AM (#10258726)

I wonder where that $7.8 billion is coming from. If they pulled it from R&D, will we see sub-standard VW models for the next couple of years?

I imagine we're going to get a decade of "VW is environmentally friendly!" ads too, while they try to shake this bad PR.

[ Parent | on HN ]

Re:Volkswagen Says 11M Cars Worldwide Are Affected in Diesel... by pcurve on Tuesday September 22, 2015 @10:47AM (#10258909)

they have healthy balance sheet pay this off. But most likely, they will take on long term debt to finance this.

[ Parent | on HN ]

Re:Volkswagen Says 11M Cars Worldwide Are Affected in Diesel... by fergiwon on Tuesday September 22, 2015 @11:08AM (#10259042)

it sounds like we are already seeing sub-standard VW models

[ Parent | on HN ]