Audi agrees to pay 800m-euro fine for emissions scandal
New York
AUDI, the luxury car division of Volkswagen, has agreed to pay a substantial fine in Germany for its role in an emissions-cheating scandal that has become a serious threat to the country's auto industry.
The fine of 800 million euros (S$1.3 billion), will resolve civil claims against the company, but does not affect a criminal investigation of Audi executives that resulted in the arrest of the former chief executive, prosecutors in Munich said.
