Justice Department Assessing How Much To Fine VW And Not Put Them Out Of Business

The U.S. Justice Department is assessing how big a criminal fine it can extract from Volkswagen AG over emissions-cheating without putting the German carmaker out of business, according to two people familiar with the negotiations.

The government and Volkswagen are trying to reach a settlement by January, the people said, before a new U.S. administration comes into office and replaces the political appointees who have been overseeing the process.

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TheSteve - 9/27/2016 11:46:36 AM

+1 Boost

Plundering is a tricky business nowadays.

Agent009 - 9/27/2016 12:27:46 PM

+3 Boost

We want to send you a strong warning, but not force a pull out... A slippery slope.

nguyenvuminh - 9/27/2016 6:18:44 PM

+2 Boost

The slope need not be that slippery if executives can be thrown in jail, for a long time. The precedence should have started with the bankers back in 2009 - 2011. Or the savings and loan in the 90s. Or the defense contractors back in the 80s. Or the oil/gas back in the ... The self policing would probably have been more effective. But what the hell do I know, we'll just let the free market regulates itself.

MDarringer - 9/27/2016 6:53:21 PM

0 Boost

Put them out of business I say.

w222 - 9/29/2016 1:43:42 AM

+2 Boost

we need VW to stick around, but the execs need to be locked up.

MorePower - 9/29/2016 11:28:54 PM

+1 Boost

Make them hurt, real bad!!!

After the multi billion dollar fine, greater than $15 billion, VW can make it up to everyone by offering insane financing and lease deals for a year.

I would not mind a $15,000 Gti or $25,000 Golf R