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VW ordered to pay $2.8Billion in Dieselgate scandal


PREMiERdrum

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Volkswagen has been ordered by a U.S. judge to pay a $2.8-billion criminal penalty for cheating on diesel emissions tests.

Federal Judge Sean Cox in Detroit approved a deal negotiated by Volkswagen and the U.S. Justice Department. The penalty was ordered Friday, six weeks after the German automaker pleaded guilty to conspiracy and obstruction of justice.

The fine pushes the financial cost of the scandal to Volkswagen for just court penalties and vehicle buybacks past $15 billion.

 

 

http://www.latimes.com/business/autos/la-fi-hy-volkswagen-emissions-fines-20170421-story.html

Edited by PREMiERdrum
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