Volkswagen's Cost Cuts At Its Namesake Brand Due To Emissions Scandal A Blessing In Disguise

As the Volkswagen AG emissions scandal further unravels, we take a look at the recent developments at the German car company. Volkswagen faces tens of billions in government fines and settlements, private settlements, recall expense, and future loss of sales, as we estimate that these costs could run up to $34.5 billion. Of course, the cost could come down depending on how Volkswagen tackles the situation from here on. The process of picking up the pieces has begun.