Volkswagen Hit With $926 Million Fine Over Audi Diesel Emission Cheating

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The German carmaker said Tuesday that it had been hit with a new fine relating to failings at its Audi subsidiary.

Munich prosecutors on Tuesday imposed a fine of $926 million on Audi. Taking the total cost to the Volkswagen Group globally to $32.7 billion. That is equivalent to 12% of Volkswagen's annual sales last year.

Volkswagen admitted in 2015 to cheating on clean air rules with software that made emissions look less toxic than they actually were.
https://www.cnn.com/2018/10/16/busine...
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