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Volkswagen to pay $2.8 billion in US diesel emission scandal

Volkswagen to pay $2.8 billion in US diesel emission scandal”

On Friday a judge ordered Volkswagen to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests, blessing a deal negotiated by the government for a "massive fraud" orchestrated by the German automaker.

Assistant U.S. Attorney John Neal in March told Cox that federal guidelines called for a fine between $17 billion and $34 billion, based on the depth of the company's conspiracy.

In his ruling on Friday, Judge Cox said, "I can't believe the VW is in this situation that it finds itself in today".

Compliance monitor. The parties also announced that the government had selected Larry Thompson as an independent corporate compliance monitor who will oversee the company during its three-year term of probation.

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I think this is the right moment (for them)". "They are a great team and for the second year in a row are fighting for the title". Marcos Alonso is likely to return though after pulling out of the starting line-up at Old Trafford with an illness.

VW admits that almost 600,000 diesel cars in the US were programmed to turn on pollution controls during testing and off while on the road.

A half-dozen other Volkswagen employees were also indicted in the company's emissions fraud, though a lot of them reside in Germany and are unlikely to appear in the U.S.to face charges.

Cox urged the German government to "prosecute those responsible for this deliberate massive fraud that has damaged an iconic automobile company".

With the criminal fine, Volkswagen's legal settlements stemming from its emissions fraud could exceed $25 billion in the USA alone depending on how many vehicles the auto maker is forced to repurchase.

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They are an important gateway for many attracted by tech hubs across the country. "So is the case with fresh applicants". The move pushes to protect American made goods and reform the H-1B visa program for temporary foreign workers.

VW general counsel Manfred Doess said the company is not the same one that was caught 18 months ago. Volkswagen separately on Friday gave affected customers who declined to take civil settlements another two weeks to weigh offers, with the clock starting on different dates depending on the kinds of engines in their vehicles.

"Plain and simple, it was wrong".

"The agreements that we have reached with the USA government reflect our determination to address misconduct that went against all of the values Volkswagen holds so dear", the statement said, in part.

Earlier this year, the U.S. Environmental Protection Agency and the California Air Resources Board approved a fix for around 67,000 of the 475,000 Volkswagens and Audis with 2-liter diesel engines that were programmed to cheat on U.S. emissions tests.

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