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Volkswagen slapped with 1 billion euro fine by German government

Volkswagen slapped with 1 billion euro fine by German government

6 years ago
Anonymous $roN-uuAfLt

https://www.cnet.com/roadshow/news/2018-volkswagen-german-prosecutor-1-billion-euro-fine/

"Following thorough examination, Volkswagen AG accepted the fine and it will not lodge an appeal against it. Volkswagen AG, by doing so, admits its responsibility for the diesel crisis and considers this as a further major step toward the latter being overcome," said Volkswagen representatives, in a statement.

Just a year after being smacked with a $4 billion fine by the US government, VW is getting handed a 1 billion euro fine by the German government for its diesel emissions cheating.