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The notion that the US protects its car industry is totally uncontroversial, for one. The notion it may increase the fine to help do so, slightly above and bey
by IkmoIkmo 11y ago
The notion that the US protects its car industry is totally uncontroversial, for one.
The notion it may increase the fine to help do so, slightly above and beyond what they're fully justified to fine, is not a stretch of imagination.
It's controversial and not to be assumed that they would hike the fine out of protectionism, but it's a possibility that is way more likely and a much less far fetched than someone claiming last month that VW may be scamming the emissions system in the US to improve their sales, which would be met with tinfoil comments, and guess what just happened.
Not saying it's true but it's far from tinfoil.
- toyg 11y agoI thought vegabook was referring more to the extent of stockmarket reactions than of the actual fine; I was just pointing out that the market routinely overreacts when egregious misbehaviour is in play. I can see your point about a possibly outrageous fine out of simple protectionism, but the link to GOOG is total tinfoilery IMHO. The US car market has always been protectionist and well-connected, they don't care about "the country", they just protect their profits.