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Volkswagen Faces Billion Dollar+ Fine for Cheating on Emissions Tests

Volkswagen Faces Billion Dollar+ Fine for Cheating on Emissions Tests

Volkswagen will pay a $1.2 billion fine for cheating on engine emissions testing. The decision was recently announced by the company and German public prosecutors. Both sides are hoping to put the scandal to rest with the settlement.

Volkswagen’s actions had a serious impact on the automobile industry and significantly impacted the sale of diesel engine vehicles.

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