So, Volkswagen is dead huh?

Now VW has admitted That the V6 diesel has the same software

VW is facing 18 Billion in Fines in The US alone


stock when this thread was started 162.40
today 111.60

about 33%
 
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Sounds like Renault has the same issue...
I think in the end these companies and people are going after Bosch since they have provided the software to do these tricks. Bosch is the common thread, even tho all they did is give the gun, they don't pull the trigger.

PSA hasn't given info yet, could be the same scenario
 
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moneypit said:
Germany has Given VW 10 days to come up with a solution or they will ban the 2.8 million cars in their countrys roads
Switzerland has already banned affected cars from being sold, new or used (so if you are a private owner the car is a doorstop)


Im calling it now this is going to be the largest buy back ever pretty much every TDI affected will be bought back


heres the smoking gun

http://europe.autonews.com/article/...legal-software-use-in-diesel-cars-report-says
Click to expand...



Let the buybacks begin

http://www.freep.com/story/money/cars/2016/04/21/volkswagen-emissions-hearing/83332794/
 
The deal sets aside $10 billion to repair or buy back roughly 475,000 polluting Volkswagen vehicles with 2-liter diesel engines and to compensate each owner with an additional payment of $5,100 to $10,000, the person said. The person asked not to be identified because the deal will not be filed in court until Tuesday, and a judge has ordered attorneys not to talk about it before then.

Owners who pick the buybacks would get the clean trade-in value of their cars from before the scandal became public on Sept. 18, 2015. The average value of a VW diesel has dropped 19% since just before the scandal began. In August 2015, the average was $13,196, and this May, it was $10,674, according to Kelley Blue Book.


from a freep article,
 
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Boo
 
If you have Netflix, check out the first (And possibly more if it interests you) episode of Dirty Money. It's a Netflix original and the first episode is dedicated to this entire situation.
 
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