Haven't studied it, but from only the news crawlers.... "only" 486,000 vehicles in America are affected. Assuming $10,000/vehicle in repairs and fines.. that's about $4.8B cost (not including other world wide costs). VW lost ~50% of its stock value on this. How does $4.8B compare to the worth/stock value of the company? One to keep an eye on.
The full affect of negative consumer sentiment due to lost trust will take years to materialize. It could go much further into the hole.
I like buying quality stocks after the disaster but you must wait until the Tax Loss Selling is done. VW is a thin stock, we got lots of Capital Losses sitting on people's books now. If you really want to own it, wait until you see the Big Volume spikes before buying. Here's a list of stocks I bought when the news was very bad, recently we go to British Petro when it fell to $27, I bought and held and sold at $47.00 collecting a divided while waiting. I bought MRK on the Vioxx Blunder, bought it starting at $25 down to $20, held MRK a long time. The only stock I refused to buy was LL and HLF, those two had roaches in them, did not like their business model. LL is ugly, hope you make good money on them! Same thing with Ford, I believed after they refused to take the Bail Out Money after getting very smart contract with the AFL-CIO they would return to profitability. Ford make's good cars. Toyota was another great stock that fell after the "Brakes and Acceleration" Scandal. Wait for the Tax Loss Selling, you will get it cheaper!
$KNDI the $VLKAY scandal clearly shows how far ICE manufacturers are willing (need) to go to comply with society's expectations on emissions.
The company has been asked by Germany’s car regulators to show by Oct. 7 when its vehicles will meet emissions requirements. Volkswagen must provide a schedule for a technical solution, Transport Minister Alexander Dobrindt said Sunday in an e-mailed statement. A plan will be released in the coming days, Peter Thul, a company spokesman, said in a phone interview.