Quote:
Originally Posted by Delgar
They are in huge short term trouble. Their stock was hovering close to 170 for months, now down to 105ish.... and their market cap is about 50 billion. This is a huge problem for them.
Not to mention the active deceit of governments and their own customers... just wow.
They will need financial help from their parent company to get out of this, otherwise they're done.
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I guess you could assume that the $18 billion penalty on just the 500,000 cars is the absolute maximum and they get the "good behavior" discount to maybe half, a quarter (or a tenth) of that sum? Who knows.