We mentioned the VW scandal in a post titled “Does Good Overcome Evil” in the deceptive product category on this web site. In that article we said ” The deed and it’s long cover-up proved to be unfruitful. ” Well now we are getting a look at just how unfruitful it might be.
It has been reported that Volkswagen has reached an agreement with the U.S. government to spend just over $1 billion to compensate owners of diesel-powered cars that had been rigged to pass emission tests. While the details haven’t been worked out yet, we have one question. Wouldn’t it be better to just be honest and open? You might wind up ahead.