BERLIN: Auto giant Volkswagen said on Wednesday that it will pay a one-billion-euro effective imposed by German prosecutors over diesel emissions cheating by the company.
"The Braunschweig public prosecutor issues an administrative order against Volkswagen AG in the context of the diesel crisis and imposes a fine of EUR1 billion on Volkswagen AG", the identical of $1.2 billion), the company said in a observation.
"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 towards the latter being overcome."
"The Braunschweig public prosecutor issues an administrative order against Volkswagen AG in the context of the diesel crisis and imposes a fine of EUR1 billion on Volkswagen AG", the identical of $1.2 billion), the company said in a observation.
"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 towards the latter being overcome."
VW says will pay one-billion-euro German fine over emissions cheating
![VW says will pay one-billion-euro German fine over emissions cheating]()
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June 14, 2018
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