VWs market value dropped about 15 BILLION dollars in one trading session!

By the time all this is over (fines/making vehicles meet EPA standards) it's expected to cost VW almost 20 billion!

Then they have the "bad image" reduced sales to deal with.

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'03 X5 4.4 Sport, last of the M62s (8-03 build date)
I believe in deadication to craftmanship in a world of mediocrity!

Much more than 20 bil, me thinks. It is 15 billion loss in value and up to 18 billion fines. Next question is what are they going to do with the affected cars. If they have to retrofit urea injection this could cost a lot, and probably will never work right. And the class law suits have already started. As someone said already on another forum this may be too much for VW to swallow.
I really cannot understand why someone in his right mind will want to save $1-2 k on a car when the potential fine is 20 times that. ANd doing that for 6 years too

Corporate greed at the highest! After seeing how GM watched people dying on the roads yet continue to settle cases on the down low this does not surprise me. Considering GM actually killed and maimed hundreds, I can swallow VW pill.

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"better the devil you know than the devil you don't"
2003-03-04 E53 X5 4.4i M62 [SOLD]
2006-03-16 E53 X5 4.8iS N62s
2006-03-28 E90 325i N52 [TOTALED]
2012-09-06 F30 328i N20 (CEO's)

I hope someone goes to jail

__________________
"What you hear in a great jazz band is the sound of democracy. “The jazz band works best when participation is shaped by intelligent communication.”
Harmony happens whenever different parts get to form a whole by means of congruity, concord, symetry, consistency, conformity, correspondence, agreement, accord, unity, consonance…….

It sounds like the software installed on the vehicles turned off already installed emissions devices. The fix would be to install updated software that doesn't do so. The vehicles could seemingly meet the test standards, but were tuned to not adhere to those settings when they detected operation that was other than the test cycle.

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2007 X3 3.0si, 6 MT, Premium, White

Retired:
2008 535i, 6 MT, M Sport, Premium, Space Grey
2003 X5 3.0 Steptronic, Premium, Titanium Silver
2002 325xi 5 MT, Steel Grey
2004 Z4 3.0 Premium, Sport, SMG, Maldives Blue

^^^The computer cuts the power and change the engine mode so it conforms to the emission standarts. These cars have no DEF, or Urea injection installed and this is what takes care of the nitrous oxides.

If that's the case, any software fix WITHOUT the addition of urea injection will result in serious power reduction.

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'03 X5 4.4 Sport, last of the M62s (8-03 build date)
I believe in deadication to craftmanship in a world of mediocrity!

This.

Yea, they have been sending people recalls trying to get this software bs thing wiped out, but lot of people have tunes already. VW is telling them it will wipe the entire computer.

Funny how last week 7 valuation houses were giving VW a must buy rating. Now they are nearly -30% this week. Still recommending a buy at under $100.

VW was posed to be the biggest global automaker. Curious how much rape they are about to receive globally.

They are down 20% in franfurt too.. Joint investigations are pegging the number of affected vehicles at 11 million.

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2006 4.8is, Black on White. SOLD Sniff Sniff.

2017 F85 x5m, Black on Red. BEAST MODE


"The older we grow the greater becomes our wonder at how much ignorance one can contain without bursting one's clothes." - Mark Twain

Unlock OBC post 5

Simply hilarious! Enjoy:

https://youtu.be/dKef1JFpiCA