https://padlet.com/shi_wang/sovereigndefaullts1 en-us 2017-04-04 10:22:58 UTC 2017-05-05 02:39:27 UTC hello@padlet.com https://padlet.com/shi_wang/sovereigndefaullts1/wish/169825272 Volkswagen is going to allocate 182 billion US dollars to quell the emission scandal and cut dividends, which will account into their 2015 financial statements. Analysts predict it may bear more costs including the penalty and criminal suit ordered by the US Department of Justice. However, whether Volkswagen will also compensate the larger amount of customers influenced by this scandal outside of US and who is responsible for this scandal are still unknown.

]]> 2017-05-04 01:38:47 UTC https://padlet.com/shi_wang/sovereigndefaullts1/wish/169825272 jianweid https://padlet.com/shi_wang/sovereigndefaullts1/wish/169825535 The cheating scandal brought a huge, unpredictable cost to Volkswagen.  Volkswagen would burden more costs such as penalty from the United States Department of Justice, recalling problem vehicles and getting trust back from people. Volkswagen would provision 180 billion USD and cut the dividends to clam this scandal. However, analysts believe the cost of scandal would be around 300 billion USD. ]]> 2017-05-04 01:41:07 UTC https://padlet.com/shi_wang/sovereigndefaullts1/wish/169825535 https://padlet.com/shi_wang/sovereigndefaullts1/wish/169825793 Volkswagen was going to provide 18.2 billion USD to subsidize emission scandal and planned to call back 500,000 diesel vehicles to repair the problem of excessive emission. The provision will be counted in their financial performance for 2015. However Volkswagen has not published 2015 financial report since February, and there are some other problems caused by the scandal that needs to be solved.

]]> 2017-05-04 01:43:05 UTC https://padlet.com/shi_wang/sovereigndefaullts1/wish/169825793 https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826050 Volkswagen takes $18 billion hit over emissions scandal and cut its dividend. The regulatory action is affecting the broader automotive industry after the exposure of Volkswagen cheating scandal. So Volkswagen agree to framework settlement with U.S. authorities for buying back or fixed these cars with emission cheating, and set up environmental and consumer compensation funds. Analysts said the deal was crucial for VW which can rebuild trust with investors and customers and VW might also face more cost. Besides, VW has not decided whether it will offer compensation to the much larger number of diesel drivers affected outside the United States. VW CEO Matthias Muelle also said he could not put a figure on the total cost of the scandal but no reason to have jobs cut.]]> 2017-05-04 01:45:01 UTC https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826050 https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826102 Volkswagen was trying to settle its scandal by recalling about 500,000 diesel cars, which produce excessive emissions. They would cut down dividends and establish compensation funds, resulting in 18 billions expenditure. Volkswagen wanted to achieve reconciliation with its consumers and rebuild reputation from public. However, compensation on recalling other cars in USA arise on whether Volkswagen would compensate for other impacted consumers outside US region and who would be responsible for investigating in such cases. ]]> 2017-05-04 01:45:23 UTC https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826102 https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826161 Volkswagen provisioned 18.2 billion for cheating scandals on Diesel cars’ emission tests and cut down the stock dividend. In the meanwhile,regulations are influencing a wider range on automobile industry. Volkswagen announced a framework agreement with the United States and found a compensation fund. This step is quite important to Volkswagen, which could renewal the trust from customers. However, Volkswagen may burden more costs such as some penal actions. Additionally, there is still quite a lot questions that Volkswagen haven’t give the answer yet. Overall, the loss on this scandal is around 30 billion US dollars.  ]]> 2017-05-04 01:45:59 UTC https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826161 https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826172 Volkswagen decided to have 16.2 billion euros and cut dividend for its scandal, which had affected the whole Germany vehicle industry. Volkswagen announced that it had an agreement with America and set an environmental and consumer compensation fund, which was the important for its financial statement and re-establish the reputation among investors. However, Volkswagen would face more costs and criminal proceeding from Department of Justice. Moreover, it is still unknown whether Volkswagen will compensate the customers outside America and who will be responsible for the scandal. ]]> 2017-05-04 01:46:04 UTC https://padlet.com/shi_wang/sovereigndefaullts1/wish/169826172