www.theverge.com - 1 year ago

Volkswagen's $7.3 billion diesel deception is a blessing in disguise

Volkswagen's snowballing diesel emissions scandal is a nightmare on virtually every level. For the company, lawsuits will follow, heads will roll, and billions of dollars will be paid in fines and damages. (As of this writing, Volkswagen had already earmarked 6.5 billion to deal with the fallout and that may not be enough, considering that at least 11 million vehicles are affected, owners will rightfully demand modifications or replacements, and regulatory agencies worldwide could levy billions in penalties.) If the situation is as egregious as the EPA and Volkswagen have suggested, all of this will be justified. Meanwhile, owners are stuck owning a disgraced car: resale values plummet, and until (if?) Volkswagen issues a software...

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