| ▲ | sgarland 2 hours ago | ||||||||||||||||
Jail time [0] and billions of dollars in fines is “nothing much?” 0: https://apnews.com/article/volkswagen-germany-diesel-emissio... | |||||||||||||||||
| ▲ | wtcactus 2 hours ago | parent [-] | ||||||||||||||||
Those billions are because of the USA. In the EU, it was merely a slap in the hand. Annual revenue of VW at the time was 217B €. In the EU, they paid 1.5B €. So, 0.7% of their annual revenue for a scheme that went on for years. Granted, in the US, they actually did persecute VW properly, and they ended up paying close to 30B $. A much proper sum. As for the jail time, they arrested 2 from middle management in the EU. No member from the board or the CEO went to jail here. Is that what we call justice now? Specially when we want to pretend we are superior to the USA in that regard? | |||||||||||||||||
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