U.S. Sues Volkswagen, Seeks Up to $80 Billion in Penalties

By Alan Katz and | January 5, 2016

  • January 5, 2016 at 2:04 pm
    Agent says:
    Hot debate. What do you think?
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    $80 Billion????? Wow, one would think they are a government, not an auto manufacturer. What if GM had to bear that amount for their ignition switch lying? Nah, they are Government Motors and were bailed out. Maybe Merkel will bail out VW to keep them afloat.

    • January 5, 2016 at 2:34 pm
      Underwriter says:
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      Although they are separate scandals, I agree with you on this Agent… seems to be a bit of a double-standard for the US Government to come down this “harshly” on VW yet take it easy on GM, despite the deaths directly related to the ignition switches

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