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Audi To Pay 800 Million Euros Fine Germany Over Dieselgate Scandal

Volkswagen said on Tuesday that its subsidiary Audi would not contest an 800-million-euro (USD 927 million) fine issued by German prosecutors over "deviations from regulatory requirements" in diesel engines.

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Volkswagen said on Tuesday that its subsidiary Audi would not contest an 800-million-euro (USD 927 million) fine issued by German prosecutors over "deviations from regulatory requirements" in diesel engines.

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"Audi AG has accepted the fine" investigators levied for "deviations from regulatory requirements in certain V6 and V8 diesel aggregates and diesel vehicles", the group said in a statement, adding that "the fine will directly affectVolkswagen AG's financial earnings" for 2018

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