Automaker Volkswagen says it has accepted a fine of €1 billion (US$1.2 billion) by German authorities in connection with a diesel emissions scandal. Photo: Bloomberg

Volkswagen agrees to pay US$1.2 billion fine for cheating on diesel emissions tests

‘We work with vigour on dealing with our past,’ VW CEO Herbert Diess said. ‘Further steps are necessary to gradually restore trust again in the company and the auto industry’

Topic |   Volkswagen

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Automaker Volkswagen says it has accepted a fine of €1 billion (US$1.2 billion) by German authorities in connection with a diesel emissions scandal. Photo: Bloomberg
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