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Audi agrees to pay 800m-euro fine for emissions scandal

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While the fine resolves civil claims against the company, it does not affect a criminal investigation of Audi executives that resulted in the arrest of the former CEO, prosecutors in Munich said.

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...

sentifi.com

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