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Wed Jun 13, 2018, 12:28 PM

Volkswagen fined $1.2 billion in Germany over diesel scandal

Source: Associated Press



Associated Press June 13, 2018

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.

Read more: https://finance.yahoo.com/news/volkswagen-fined-1-2-billion-germany-over-diesel-161026052--finance.html

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Reply Volkswagen fined $1.2 billion in Germany over diesel scandal (Original post)
DonViejo Jun 2018 OP
sandensea Jun 2018 #1
bucolic_frolic Jun 2018 #2
Maxheader Jun 2018 #3
Post removed Jun 2018 #4
JustABozoOnThisBus Jun 2018 #5

Response to DonViejo (Original post)

Wed Jun 13, 2018, 12:28 PM

1. A government that still has some authority over its corporations.

I had forgotten what that looked like.

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Response to DonViejo (Original post)

Wed Jun 13, 2018, 12:32 PM

2. Sometimes

I wish I'd taken "Government Regulation of Business" but it was probably just a right wing nut job trashing the environment

Maybe catch a course on openculture.com, see if I can stand it as if it's important at this point.

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Response to DonViejo (Original post)


Response to Post removed (Reply #4)

Wed Jun 13, 2018, 01:57 PM

5. "Jap junk?" Seriously? nt

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