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Showing posts with label Volkswagen. Show all posts
Showing posts with label Volkswagen. Show all posts

Thursday, 12 January 2017

VW to pay $4.3b for emission fraud

Volkswagen (VW) settles emission fraud
NAN      Volkswagen (VW) has agreed to plead guilty to three criminal felony counts and to pay a 2.8 billion dollars criminal penalty.
This is as a result of the company’s long-running scheme to sell thousands of diesel vehicles in the U.S. by using a defeat device to cheat on mandated emissions tests.

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