VW Faces Massive Fine From U.S. for Emisssions Scandal

The transcript discusses Volkswagen's emissions scandal and the U.S. Justice Department's approach to determining a criminal fine that won't jeopardize the company's financial stability. It highlights the distinction between civil and criminal penalties, with VW already facing significant civil fines. The DOJ's considerations include the impact on employees and shareholders. The transcript also compares VW's situation with Deutsche Bank's civil case. Despite the scandal, VW's brands like Audi and Porsche are performing well, complicating their argument for leniency.

What is the significance of the $16.5 billion figure mentioned in the context of Volkswagen?

How has Volkswagen's financial performance been despite the emissions scandal?