VW Emission Deception Could Cost Billions
Automaker faces fines for cheating EPA and customers.
Volkswagen says about 11 million diesel vehicles around the world were fitted with software that enabled the automaker to skirt U.S. clean air rules. The Environmental Protection Agency says VW equipped the cars to perform better on emission tests than they would in actual driving conditions. The automaker also says it’s setting aside more than $7 billion to cover the cost of fixing those vehicles and winning back the trust of its customers. Paul Eisenstein is the publisher of The Detroit Bureau, an automotive web site. He tells WDET’s Pat Batcheller Volkswagen’s bottom line will take a big hit. Click on the audio player to hear the conversation.
