Volkswagen fined $1.2 billion in Germany over diesel scandal
Associated Press |
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
Volkswagen said it hoped that paying the German fine would have "positive effects on other official proceedings being conducted in
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