volkswagen
A magazine reported that its diesel cars had high emissions levels.
That could buy 3,139 new VW Passats.
"It's a jaw-dropper."
WHAT'S HAPPENING
"If VW gets its reputation back, it will be clawing up the side of a very high mountain."
"The testing we did kind of opened the can of worms."
Carmaker plans to set aside $7.3 billion to deal with service costs.
Recalls can take as long as years, but many automakers offer loaner vehicles while you wait.
A week after promising to crack down on corporate crime, the Obama administration may have gotten its chance with Volkswagen.