Focus brought up a really fine article today, worth reading.....over the diesel crisis going on in Germany.
For those unaware of the mess....a basic introduction. After the VW folks admitted their abuse of the exhaust tests....a city by city effort came up to limit or halt diesel cars entry into various cities. Everyone felt that the federal government would eventually get involved and prevent this.....well....they failed on that.
So Focus went out and discussed the matter of compensation (has yet to occur in Germany), and they indicate that various lawsuits are underway.....aimed at VW.
Focus notes that not only did VW owners in the US get compensation (into the billions), but they even paid out a fine to the federal government.
Here in Germany? Well, there are lawsuits going on against cities, in the event of the bans going 'full-blast'.
The odds of the court system going against VW in Germany? It's presently only speculation.
A death spiral if VW was forced to compensate folks? I would suggest that VW would mostly bankrupt itself if all the major cities in Germany went to some forbidden-diesel-entry law. Even Merkel wouldn't be able to save them.
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