Number 15 – June 28th 2016

While many auto companies try and comply with emission standards, today’s number represents the value for which a company will be held accountable for lying about their performance. It represents one of the largest settlements in history. Today, Volkswagen is expected to finalize their settlement for improper reporting of emission standards. According to Reuters and Bloomberg, they are expected to pay $15B in settlements for car buybacks and fines.