Volkswagen Braces for Emissions Fine Amidst Ongoing Scandal
7 days ago
Volkswagen, one of the largest car manufacturers in the world, is facing the possibility of a hefty fine of up to 200 million euros as a consequence of an ongoing environmental scandal. German authorities are preparing sanctions in response to violations discovered during the development and sale of cars that do not meet modern emission standards. This fine adds further pressure to the company, which has already suffered significant reputational damage following the 2015 "Dieselgate" scandal related to manipulation of emission data.
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