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VW pleads guilty to 3 felonies and will pay $4.3 billion relating to emissions scandal

Business Insider Wednesday, 11 January 2017 ()
VW pleads guilty to 3 felonies and will pay $4.3 billion relating to emissions scandalOn Wednesday, Volkswagen announced that it will to plead guilty to three felonies as part of its settlement with the US government stemming from the company's emissions cheating scandal.

In addition to the guilty pleas, VW will pay penalties and fines totaling $4.3 billion as well as "strengthen its compliance and control...
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Source: Newsy Studio - < > Embed

News video: Volkswagen Pleads Guilty in Diesel Emissions Scandal

Volkswagen Pleads Guilty in Diesel Emissions Scandal 01:09

Volkswagen agreed to enter a guilty plea to three criminal felony counts and pay a whopping $4.3 billion in penalties.

Recent related news

Volkswagen Pleads Guilty To Criminal Charges In Emissions Scandal

Volkswagen Pleads Guilty To Criminal Charges In Emissions Scandal
Watch VideoThe U.S. Department of Justice announced Wednesday it has handed down both criminal and civil penalties for Volkswagen to settle the investigation...
Newsy - WorldAlso reported by •Zero HedgeMashableCar and DriverSydney Morning HeraldengadgetNew Zealand HeraldEpoch TimesChicagoTribuneDigital TrendsVOA News

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