VW Faces Massive Fine From U.S. for Emisssions Scandal

VW Faces Massive Fine From U.S. for Emisssions Scandal

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Business, Health Sciences, Social Studies, Biology

University

Hard

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The transcript discusses Volkswagen's emissions scandal and the U.S. Justice Department's approach to determining a criminal fine that won't jeopardize the company's financial stability. It highlights the distinction between civil and criminal penalties, with VW already facing significant civil fines. The DOJ's considerations include the impact on employees and shareholders. The transcript also compares VW's situation with Deutsche Bank's civil case. Despite the scandal, VW's brands like Audi and Porsche are performing well, complicating their argument for leniency.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main considerations for the DOJ when determining a criminal fine for a company?

The impact on employees and shareholders

The company's market share

The company's international presence

The company's advertising budget

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential reason for the DOJ to reduce a company's fine?

To increase the company's market value

To encourage more advertising

To support international expansion

To prevent harm to the company's long-term future

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much has Volkswagen agreed to pay in civil litigation fines?

$25 billion

$9 billion

$16.5 billion

$30 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What distinguishes the Volkswagen case from the Deutsche Bank case in terms of DOJ proceedings?

Volkswagen's case is civil, while Deutsche Bank's is criminal

Volkswagen's case is criminal, while Deutsche Bank's is civil

Both cases are handled by the same DOJ track

Both cases involve environmental violations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which Volkswagen brand is mentioned as performing well despite the scandal?

Fiat

Audi

Mercedes

BMW