also fox again says winterkorn is not involved in any way shape or form in this kind of bond sale so they're really going after the wrong guys here overall folks are going to have already paid twenty five billion in fines and buybacks in the u.s. that's a lot more than they thought in the beginning because in twenty fifteen they still expected the sum to be one hundred fifty million only. the briefly if you can anticipate coming out with the why that production schedule is very ambitious isn't the yeah it's always been ambitious but this time around it's particularly important because that s.u.v. electric space is growing very fast china has already got forty eight easy s.u.v.s on the market according to auto home website and europe's major brands are catching up as well so this will show us how serious of a competition tesla can really be of lives in frankfurt thank you. so there's one reliable bellwether for the political climate in any country if toxic drug stocks again i'm great the government better be careful just two weeks before the took his local elections the country is sli

martin winterkorn on allegations they defrauded investors the securities exchange commission says the company made false and misleading statements to investors during the diesel emissions scandal while securing billions in new funding the company has already paid over twenty five billion dollars in fines and settlements in the us martin winterkorn has also admitted the company committed fraud however he continues to deny any personal wrongdoing. and let's talk now to our financial correspondent in new york jose luis de haro jose did both so i can see this coming and what's been the response so far. not to come as a surprise that stevenson said to kompany already warned him bestirred simonson will report it was under investigation by the sea but it's also worth noting a preview complained in u.s. courts of buying best tourist making similar arguments as the as if he does these. experts say that any potential cost related to these charges should not be huge when you compare it to the billions of dollars of the company has paid so far as you mention. considers they complain fraud and it

s. regulators say executives including former ceo martin winterkorn or in the know. helping to defraud investors out of hundreds of millions of dollars. winterkorn was indicted in absentia last year in a separate conspiracy case in the u. s.. he has repeatedly denied he knew about the plot to cheat emissions test. involved installing so called defeat devices to reduce emissions on test machines. all the while allowing multiple times the legal amount of nitrogen oxide output during normal road usage. volkswagen denies the latest allegations and accuses regulators of piling on the company has already paid somee twenty five billion dollars in fines and civil settlement since the scandal broke. it's also recovered quite nicel. beating expectations. volkswagen posted thirteen point seven billion dollars in net profit last year. next boeing's as a software update on it seven thirty seven max series jet model will be deployed quote in the coming weeks. the best selling model is largely grounded after sunday's deadly crash of an ethiopian airlines flight outside any sebab ai

martin winterkorn on allegations they defrauded investors the securities exchange commission says the company made false and misleading statements to investors during the diesel emissions scandal while securing billions in new funding.