Billion-fine for VW

Wolfsburg, 14. June 2018

The Volkswagen group now needs to bleed in Germany for the Diesel issue. Reason for the decision of the public Prosecutor's office in Braunschweig, to adopt a very lush, fine.

For a billion dollars, almost eleven million cars

The penalty notice provides for a total sum of one billion euros. It is made up of the statutory maximum of five million euros and a levy of the economic advantages of the diesel crisis in the amount of € 995 million. According to the results of the investigation, it came to the supervision of breaches of duty in the Department of aggregates-development of the group in connection with the vehicle testing. These were, according to the findings of the Prosecutor's office in Braunschweig also responsible for the fact that in the period from mid-2007 to 2015, a total of 10.7 million vehicles with the diesel engine of the type EA 288 (Gen3) in the United States and Canada, as well as EA 189 in the world, with an improper software function, applied to purchasers sold in the market.

Return of a cheat-diesels possible

Volkswagen AG has accepted, according to his own statement, the fine after a thorough examination and will appeal against any appeal. On another legal Front VW seems to be in Zugzwang: The higher regional court of Cologne has ruled that a dealer is obliged to take back the of a Eos 2.0 TDI.(rh)