Feds

United States Federal regulators came down unprecedentedly hard on Volkswagen this past Tuesday with $15.3 billion (USD) fine against the German automaker in wake of last year’s diesel emissions scandal. VW will pay out $14.7 billion to consumers and federal agencies. In addition, the automaker also will pay $600 million (USD) to settle with 44 states, Puerto Rico, and the District of Columbia.

Photo Credit: www.ibtimes.com

[click to continue…]

{ 0 comments }