Audi To Pay 800 Million Euros Fine Over Dieselgate Scandal
October 18, 2018
Reading Time: < 1minute
Volkswagen said on Tuesday that its subsidiary Audi would not contest an 800-million-euro (USD 927 million) fine issued by German prosecutors over “deviations from regulatory requirements” in diesel engines.
“Audi AG has accepted the fine” investigators levied for “deviations from regulatory requirements in certain V6 and V8 diesel aggregates and diesel vehicles”, the group said in a statement, adding that “the fine will directly affectVolkswagen AG’s financial earnings” for 2018
Retail News Asia — Your Daily Fix of What’s Happening in Asian Retail
We’re here to keep you in the loop—every single day. Whether you’re running a small local shop, scaling an online biz, or part of a global brand making moves in Asia, we’ve got something for you.
With 50+ fresh stories a week and 13.6 million readers, Retail News Asia isn’t just another news site—it’s the go-to source for all things retail across the region.
We respect your inbox as much as we value your time. That’s why we only send carefully curated weekly updates, packed with the most relevant news, trends, and insights from the retail industry across Asia and beyond.