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00:00>> AS FAR AS WE KNOW, IT IS HIS, SO HE LOSES HIS JOB AT WALKS WITH A $32 MILLION PENSION AND HE GETS A COMPANY CAR WHILE IT PAYS OUT. VONNIE: WE WANT TO MAKE ANY OBVIOUS JOKES ABOUT WHAT IS IN THIS, BUT TELL US ABOUT THE SEVERANCE. HOW WOULD THAT BE DECIDED AND HOW IS IT GENERALLY DECIDED? >> IT IS DECIDED DEPENDING ON HOW IS TERMINATION IS CLASSIFIED. IF THE BOARD FINDS OUT THAT HE OR DID THEY FIND OUT HE WAS TERMINATED WITHOUT ANY FAULT, THEN HE GETS A SEVERANCE OF TWO YEARS COMPENSATION WHICH SHOULD BE AROUND 30 MILLION EUROS DEPENDING AND BASED ON WHAT HE HAS BEEN PAID IN THE PAST. IF THEY FIND OUT THAT HE WAS ACTUALLY AT FAULT AND HE KNEW ABOUT THESE EMISSION TESTS AND MANIPULATIONS, THEN HE WON'T GET ANY SEVERANCE. WE KNOW THAT THE BOARD HAS SAID HE HAS NO KNOWLEDGE OF IT AND THAT THEY RESPECT HIS DECISION TO ASK FOR TERMINATION, SO FROM THE FACE OF IT NOW, IT LOOKS LIKE HE WILL GET THE MONEY. VONNIE: WILL IT BE BASED ON PERFORMANCE AT ALL BECAUSE YOU HAVE TO DISCOUNT THIS OR IGNORE THIS SCANDAL AND HOW HAS THE PERFORMANCE BEEN WHAT KIND OF PACKAGE TO EXPECT? >> HE COULD HAVE IMPLICATIONS BECAUSE THERE IS A CERTAIN PART OF THE CONVERSATION BASED ON LONG-TERM PERFORMANCE OF FOUR YEARS AND TWO YEARS. IT COULD BE SLIGHTLY LOWER BUT AT YOU RIGHT NOW AND BASED ON THE PAST CONVERSATION DATA, ROUGHLY ROUND 30 MILLION EUROS. VONNIE: THIS SCANDAL SEEMS TO BE SPREADING. THERE IS NO OTHER CARMAKER TO BE FOUND AT FAULT BY REGULATORS AND BMW HAS GONE ABOVE AND BEYOND WHEN IT COMES TO EMISSIONS AND WE DON'T KNOW WHETHER THAT WILL BE SOMETHING THAT WILL TURN OUT TO BE MORE WIDESPREAD AND WHETHER FRENCH AUTOMAKERS WILL BE INVOLVED. WHAT ARE THE KINDS OF PACKAGES THAT WE ARE SEEING WITH CARMAKERS IN GENERAL TO CEOS? THEY'RE PRETTY RICH GENERALLY, RIGHT? >> MARTIN WINTERKORN WAS OF THE SECOND-HIGHEST PAID CEO IN GERMANY, SO CERTAINLY AT THE TOP OF THE LEAGUE. THESE GUYS USUALLY HAVE FAIRLY GOOD CUSHIONS TO FALL BACK. VONNIE: EVEN IN THE U.S., IT IS PRETTY WELL KNOWN THAT THE CARMAKER CEO'S DO PRETTY WELL. >> THEY TEND TO DO BETTER THAN EUROPEAN COLLEAGUES. VONNIE: THANK YOU SO MUCH. HE IS ON OUR EXECUTIVE PAINTING THAT BLOOMBERG NEWS AND I WILL TREAT OUT THAT STORY. FOLLOW ME AT VONNIE QUINN ON TWITTER. COMING UP LATER THIS MORNING,

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VW CEO Likely to Get $32 Million Pension After Leaving

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