VW Settles Diesel Scandal for $1 Billion

The transcript discusses Volkswagen's sales and fines related to emissions cheating in the US and Europe. It highlights the differences in regulations between the regions, with the US imposing stricter fines. The legal and financial implications for Volkswagen are explored, including civil and criminal issues, as well as ongoing investor lawsuits.

What is the main reason for the difference in fines Volkswagen faced in the US compared to Europe?

• Different sales numbers

• Different customer preferences

• Different regulatory standards

• Different car models

What was the issue with the two-liter engines in the Volkswagen scandal?

• They were not fuel-efficient

• They had a cheat device

• They were too expensive

• They were not popular

How much in fines did Volkswagen face for the two-liter engines?

• $25 billion

• $20 billion

• $16 billion

• $10 billion

What is the current status of Volkswagen's criminal investigations in the US?

• They are completed

• They are ongoing

• They have not started

• They are irrelevant

What is the potential impact of investor lawsuits on Volkswagen?

• Immediate bankruptcy

• Increased car sales

• Long-term financial strain

• No impact