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.