VW Pays $15 Billion to Settle Diesel Scandal in U.S.

VW Pays $15 Billion to Settle Diesel Scandal in U.S.

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses Volkswagen's settlement related to its emissions scandal. Volkswagen agreed to buy back or fix affected cars, costing around $10 billion, and pay $4.7 billion to environmental agencies and clean energy investments. The settlement includes conditions like achieving an 85% recall rate by 2019, with penalties for non-compliance. Volkswagen has set aside $17.8 billion for these costs, but the settlement only covers the US, leaving other jurisdictions and potential lawsuits unresolved.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What options did Volkswagen offer to customers with affected cars?

Provide free maintenance for a year

Buy back cars at pre-crisis levels or fix them

Extend the warranty period

Offer a discount on new car purchases

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much money is Volkswagen allocating to clean energy technologies?

$4 billion

$3 billion

$2 billion

$1 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the penalty for Volkswagen if they fail to meet the recall rate target?

$100 million per percent missed

$85 million per percent missed

$50 million per percent missed

$150 million per percent missed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount Volkswagen reserved to deal with the settlement?

$15 billion

$25 billion

$17.8 billion

$20 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which regions are still pending legal proceedings against Volkswagen?

Europe and the UK

Australia and South America

Middle East and Canada

Asia and Africa