Volkswagen AG agrees to plead guilty and pay $4.3B in criminal and civil penalties; 6 execs and employees indicted
Green Car Congress
JANUARY 11, 2017
According to the charging documents and statement of facts filed with the court, in 2006, VW engineers began to design a new diesel engine to meet stricter US emissions standards that would take effect by model year 2007. The Court has instructed the parties to file preliminary settlement approval documents by 31 January 2017.
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