Volkswagen lost its case in the European Union’s Court of Justice after almost five years of arguing that doctoring emissions of its diesel cars wasn’t illegal in Europe. Volkswagen has already lost around €30 billion (around $36.76 billion) because of the cheating, which is termed as ’Dieselgate.’ This ruling now opens the gate for further mammoth costs to the company.
Hmm.. Value of VW might drop to BulkWagen next year