Volkswagen

Volkswagen Group is the largest carmaker in Europe, selling vehicles under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen marques. It also sells Ducati motorcycles and commercial vehicles under the MAN and Scania marques. The VW Beetle was its first bestselling model, and the Golf, launched after it stopped production of the Beetle, has become the third best-selling car of all time.

Volkswagen AG will plead guilty to three criminal charges and pay a total US$4.3 billion in fines to settle the emissions cheating scandal known as "dieselgate," the US Justice Department announced on January 11, 2017. Photo: AFP

VW to pay US$4.3bn in ‘dieselgate’

Volkswagen AG will plead guilty to three criminal charges and pay a total US$4.3 billion in fines to settle the emissions cheating scandal known as “dieselgate,” US officials announced on Wednesday.

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