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VW fined €1.2bn over diesel emissions scandal

VW fined €1.2bn over diesel emissions scandal

Business
The emissions scandal that engulfed Volkswagen three years ago continues to dog the carmaking giant, as German authorities hit the group with a €1.2bn fine. Volkswagen has said that prosecutors in the German city of Braunschweig levied the £880m fine, saying the carmaker failed to properly oversee its engine development department's activities, resulting in about 10.7m diesel vehicles with illegal emissions-controlling software being sold worldwide.The firm said it hoped that paying the fine would have "positive effects on other official proceedings being conducted in Europe against Volkswagen" and its subsidiaries.:: VW Group set to 'recall up to 28,000' Volkswagens and Seats over seatbelt issue Image: Reacquired Volks...