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VW scandal and impact on German economy
Updated June 27, 2023
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VW scandal and impact on German economy
January 7th, 2016, 06:23 AM
who cares
Legendary Market Wizard
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Discussion in Switzerland is about the insurance for the leading staff of VW.
VW company made an insurance with Zurich insurances. A maximum sum
of 500 million can be due - which is to pay by the Zurich. Of course this will
not cover the scandal costs - but the management will be fine?
The sum will not be due if the fraud was "intentional" by investigation
Zurich insurance and their stockholders are most interested to know how
and by when the case is closed to see the final 2016 results.
GFIs1
Can you help answer these questions from other members on NexusFi?
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January 13th, 2016, 03:48 AM
Bamberg, Germany
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It's official VW didn't lie....they simply didn't understand the question! Great response, I'll use that one the next time I get in trouble....
"Mueller: We didn't lie. We didn't understand the question first. And then we worked since 2014 to solve the problem. And we did it together and it was a default of VW that it needed such a long time."
fortunately, VW convinced NPR to do a second interview and changed their tune...
'We Didn't Lie,' Volkswagen CEO Says Of Emissions Scandal : The Two-Way : NPR
January 14th, 2016, 07:31 AM
Gits (Hooglede) Belgium
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in tempore non suspecto
i wrote, no reason why VW would be the only fraudsters
Renault Shares Drop on Apparent Fraud Probe Into Emissions - Bloomberg Business
makes me very much think like the fraud in sports..
one does it, the other does it also...
January 14th, 2016, 08:07 AM
Western Florida
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rleplae
As in sports, people will generally follow their self-interest if they can get away with it.
Bob.
January 14th, 2016, 10:16 AM
who cares
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I see - we need soon a new thread
"Renault scandal and impact on French economy"
Of course that thread will be in french language
And another one to follow for for PSA group (Peugeot, Citroën)?
And yeah - the never cheating italian will not join the club.
Looking forward to the never improving big companies.
GFIs1
January 14th, 2016, 10:22 AM
Gits (Hooglede) Belgium
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GFIs1
I see - we need soon a new thread
"Renault scandal and impact on French economy"
Of course that thread will be in french language
GFIs1
il n'y a aucun problème ;-))
no problem at all
no problemo
January 14th, 2016, 05:39 PM
Berlin, Europe
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rleplae
il n'y a aucun problème ;-))
no problem at all
no problemo
Actually there are three stages:
Stage 1 : You are aware of the problem and hide it.
Stage 2 : Others are aware of the problem.
Stage 3: You are no longer aware of the problem.
Engineers from Renault simply skipped step 1.
January 15th, 2016, 10:14 AM
Germany
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Fat Tails
Actually there are three stages:
Stage 1 : You are aware of the problem and hide it.
Stage 2 : Others are aware of the problem.
Stage 3: You are no longer aware of the problem.
Engineers from Renault simply skipped step 1.
Like Mueller used to say: "... we just didn't understand the question first."
January 19th, 2016, 05:49 AM
Gits (Hooglede) Belgium
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February 3rd, 2016, 03:40 AM
Wolfsburg, Germany
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Fiat Chrysler and GM also started "voluntary update" programs after internal inquiries have found "irregularities".
Last Updated on June 27, 2023