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VW says will pay 1 bn euro German fine over emissions cheating
JAY GORY, MANAGING EDITOR, science
Auto giant Volkswagen said Wednesday it would pay a one-billion-euro ($1.2 billion) fine imposed by German prosecutors over its diesel emissions cheating. "The Braunschweig public prosecutor issues an administrative order against Volkswagen AG in the context of the diesel crisis and imposes a fine of EUR1 billion on Volkswagen AG", the company said in a statement. The German car giant said it had "accepted the fine" and would not lodge an appeal. read more


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