VW Admits to Emissions Fraud in 11 Million Vehicles

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Wow. It’s not just half a million cars in the United States. It turns out that Volkswagen installed its emissions cheating software in 11 million cars worldwide, mostly in Europe:

The German automaker said it was setting aside the equivalent of half a year’s profits — 6.5 billion euros, or about $7.3 billion — to cover the cost of fixing the cars to comply with pollution standards and to cover other expenses, which are likely to include fines as well as responses to civil lawsuits from angry customers.

$7.3 billion is just the start of things for VW. This is going to end up costing them a lot more than that. And when you count in lost sales, who knows? This could be a life-threatening event for them.

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This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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