Tuesday, April 25, 2017

VW chief says US-style penalties in Germany would overwhelm the company

July 5, 2016 by  
Filed under NEWS

July 5, 2016

V0,,19084527_303,00olkswagen chief executive Matthias Müller said there would be drastic consequences for the car manufacturer if compensation claims on the company in the US over its emissions scandal were also enforced in Germany. Müller told the Sunday issue of German daily newspaper “Die Welt” there had been renewed calls from German consumer watchdogs for a US-style repayment to VW customers in Germany. “You don’t need to be a mathematician to recognize that a damages payment of any amount would overwhelm Volkswagen,” Müller told the paper.

Click here to read the full article

Print This Post Print This Post

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

Spam protection by WP Captcha-Free

captcha service