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Fri Apr 21, 2017, 12:37 PM

Judge sentences Volkswagen to $2.8B criminal fine for emissions cheating

Source: Detroit Free Press

DETROIT Volkswagen must pay a $2.8 billion criminal fine for purposely building a diesel engine equipped with software to cheat on greenhouse gas emissions tests.

U.S. District Judge Sean Cox on Friday accepted a plea agreement reached in January between the automaker and the federal government.

Cox said the $2.8 billion criminal penalty is large enough, even though Volkwagen's offenses, spanning a decade, were done on purpose.

"This is a case of deliberate massive fraud perpetrated by VW management," Cox said today. "This case also involves a failure of the VW supervisory board, which is government, labor and shareholders."

-snip-


Read more: https://www.usatoday.com/story/money/cars/2017/04/21/volkswagen-diesel-scandal-hearing/100739290/



Brent Snavely, Detroit Free Press Published 10:56 a.m. ET April 21, 2017 | Updated 1 hour ago

8 replies, 950 views

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Reply Judge sentences Volkswagen to $2.8B criminal fine for emissions cheating (Original post)
Eugene Friday OP
ansible Friday #1
snooper2 Friday #2
tenorly Friday #6
cstanleytech Friday #3
ProudLib72 Friday #4
Txbluedog Friday #5
tiptonic Friday #7
nitpicker Yesterday #8

Response to Eugene (Original post)

Fri Apr 21, 2017, 12:42 PM

1. Good

They should've been punished a long time ago for making some of the most unreliable cars ever as well

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Response to ansible (Reply #1)

Fri Apr 21, 2017, 12:55 PM

2. I think you may have VW confused with Renault LOL

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Response to snooper2 (Reply #2)

Fri Apr 21, 2017, 02:12 PM

6. Or FIAT.

"Fix It Again, Tony."

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Response to Eugene (Original post)

Fri Apr 21, 2017, 01:02 PM

3. So in essence they are actually being allowed to keep the profits they made all those years. nt

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Response to Eugene (Original post)

Fri Apr 21, 2017, 01:15 PM

4. They could have had to pay 17 to 34 billion

What I want to know is if $2.8 billion actually hurts the execs who made the decision.

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Response to Eugene (Original post)

Fri Apr 21, 2017, 01:16 PM

5. Please

By the time they appeal the decision and negotiate the amount it'll be $2,800

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Response to Eugene (Original post)

Fri Apr 21, 2017, 03:36 PM

7. Price goes up

So all that this means is, the price of their cars go up. No one goes to jail. Just love our 'justice' system.

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