VW is to pay 4.3 billion dollars penalty – Economy – Süddeutsche.de


An agreement with the US justice is about to be imminent, reports the group. This costs VW billions more.

Volkswagen will have to pay billions more in exhaust scandal in the US. In negotiations with the US Department of Justice to compare draft penalties amounting to approximately 4.3 billions dollars, as the company announced on Tuesday.

One is in “advanced talks” with the US authorities. Part of the deal is also a guilty offense to have violated US criminal codes.A final agreement is subject to the approval of the Management Board and the Supervisory Board, the Autoconsult continued. The relevant bodies could possibly deal with the draft agreement on Tuesday or Wednesday.

VW has to deal with the exhaust scandal at the 18 returned billion euros. This sum is not expected to be enough. What is the impact on the annual result in 2016 is to leave too early to say.

Source: VW is to pay 4.3 billion dollars penalty – Economy – Süddeutsche.de

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.