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Thread: VW shares tumble !
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09-22-2015, 05:17 PM #11
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A sales suspension will never happen.
But, the loss of $15 billion in VW share valuation and the possible $18 billion in fines plus the stain on VW's worldwide image is nothing to laugh about! Some people will be going to jail.
As per the news today:
•According to EPA rules, VW could be fined up to $37,500 for each vehicle not in compliance with emissions regulations, or a total of around $18 billion. California regulators could issue their own fines.
•Meanwhile, the U.S. Justice Department has reportedly taken the preliminary steps to open a criminal investigation.





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