Tag Archives: $1.8bn

Germany slaps Volkswagen with $1.8bn fine in emissions cheating scandal

Germany has fined Volkswagen €1 billion over the auto maker’s diesel emissions cheating scandal, public prosecutors have announced. The company said it won’t be appealing the fine, one of the highest ever imposed by Berlin. The €1 billion (US$ 1.8 billion) fine was ordered by the prosecutor’s office in the German city of Braunschweig. It’s the latest move against the ...

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