Reply to post: Re: They are in big trouble

CHEAT! Volkswagen chief 'deeply sorry' over diesel emission test dodge

rh587

Re: They are in big trouble

"I think the first estimates were around $18bn to rectify the problem, without taking into account fines."

That wasn't to rectify the problem. That was the potential bill if the EPA posted the maximum $36,000 fine per car across all half-a-million cars.

Actually rectifying the problem is on top of that, but the EPA may choose not to levy the full fine available to them (or agree a repayment plan over the next decade or so!).

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