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Volkswagen Fined $1.2 Billion In Germany Over Diesel Scandal


 
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 7 months ago '07        #1
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MELODY 123 heat pts123
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Volkswagen Fined $1.2 Billion In Germany Over Diesel Scandal
 

 
Volkswagen fined $1.2 billion in Germany over diesel scandal


visit this link http://www.tampabay.com/v .. 48f8f8e0da46c8


BERLIN (AP) — Automaker Volkswagen says it's being fined 1 billion euros ($1.18 billion) by German authorities in connection with the diesel emissions scandal.

Volkswagen said in a statement Wednesday it would accept the fine imposed by prosecutors in the German city of Braunschweig.

Prosecutors concluded that Volkswagen failed to properly oversee the activity of its engine development department, resulting in some 10.7 million diesel vehicles with illegal emissions-controlling software being sold worldwide.

The scandal, which came to light in the United States in 2015, has already cost the German automaker billions in penalties imposed by U.S. authorities.

Volkswagen said it hoped that paying the German fine would have "positive effects on other official proceedings being conducted in Europe against Volkswagen" and its subsidiaries.

8 comments for "Volkswagen Fined $1.2 Billion In Germany Over Diesel Scandal"

 7 months ago '08        #2
flav 2 heat pts
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VW is wayy to big to subject themselves by hoping to stay under the radar by pulling stunts like this. When you think you will get away to save millions and have to pay a billion down the road after the ruse was caught


ouch

 7 months ago '13        #3
chi town jays 
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Wonder if this Would make Audi’s, Porsche and Bentley’s go lower on price?

 7 months ago '05        #4
KruptedWayz 25 heat pts25
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The story about this is on Netflix's show 'Dirty Money' if anyone is interested. It's pretty good.

 7 months ago '09        #5
All Star Flow 4 heat pts
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sh*t company
fu*k the higher ups who let all this happen

 7 months ago '13        #6
fishpoop 1 heat pts
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 All Star Flow said
sh*t company
fu*k the higher ups who let all this happen
All the other German manufacturers do it too.

 7 months ago '05        #7
Sub Crazy 15 heat pts15
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The nerve of these fu*kers.

Their cars don’t even run all that well to even pull some sh*t like this. When I had a Jetta my sh*t was in the shop every other month.

 7 months ago '17        #8
Naga Sadow 18 heat pts18
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Not only that, they're sending execs to jail.

 7 months ago '16        #9
postemupndunkit 4 heat pts
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They should have been charged trillions

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