Diesel Fix Costs Continue to Rise for Volkswagen

  • Volkswagen announced that the company will incur another $2.94 billion of expenses in fixing cars effected in the emission scandal
  • The increase in costs come due to hardware repairs “proving to be far more technically complex and time consuming”
  • The additional $2.94 billion of costs bring the total cost of the emission scandal to $30 billion
  • Volkswagen has agreed to fix or replace 85% of the vehicles affected by the scandal by June 2019

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s