That Bloomberg article is amazing.
Quote:
What is so damning is that this was something actively pursued. This isn't an oversight, said Bloomberg Intelligence auto-industry analyst Kevin Tynan.
Someone at VW had to decide that cheating the system was going to be a better use of time, money and resources than meeting the regulatory requirements, Tynan said.
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This is where the potential criminal charges come into play. Combined with the billions of dollars in potential fines by the EPA and a class action lawsuit by owners who have now seen the value of their vehicles decrease significantly, this could be a crippling blow to VW. I wonder if the German government holds to the concept of "too big to fail".