Two years might be optimistic, but then I haven't really done any research on this, although I am a tech in the industry. What VW is going to have to do at a minimum is put out a software flash for the computers in all of these cars, which requires a test by CARB to be certified. That takes time, and think there will be any scrutiny over the new software???
It can also be expensive I understand to get approved. Installing it into the car is relatively simple and since it only affects it during emissions testing, other components that sometimes also have to be replaced during a re-flash, probably wont have to be.
Just heard today that regulators in EU are looking into it there, where there are a many more diesel cars than here and just ask Google and Microsoft about European regulators.
With a 4+% dividend right now there is already some "yield protection" protecting it from probably much bigger drops as it's getting to the point where the yield is so attractive that the price can't go much lower (providing they keep paying the dividend). Who knows, but I'll be watching closely, good one to go to school on, that's for sure.
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