Quote:
Originally Posted by btimbit
2nd biggest car company in the world, I think they'll be okay
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They'll probably stay afloat, I suppose. But they are probably not going to be that ok. They've set aside 7 billion already to cover this, and it is tough to image that will not double or triple. Their market cap has already fallen from about 80 billion to about 50 billion. If the costs end up being more like 20 to 30 billion and sales take a big hit, it will be some tough going for the company.
It's all too bad, because I really did like the TDI Sportwagen I used to have and was a big supporter of diesel in general.