VW TO PAY USD2.8 BILLION FINE OVER DIESELGATE AS ITS EXECUTIVES ARE INDICTED BY AMERICAN COURTS
January 1st, 2017
Volkswagen will plead guilty to three criminal charges in the USA, and pay a USD2.8 billion fine for selling around 590,000 diesel vehicles in America using a device to cheat emissions tests, while lying and obstructing justice to further the scheme.
The US justice department announced yesterday (Jan 11) that VW will pay USD1.5 billion to resolve civil environmental, customs and financial claims. This includes EPA’s claim for civil penalties over VW’s import and sale of these cars, and US Customs and Border Protection (CBP) claims for customs fraud. The ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.