Audi must pay 800m euro fine in Germany for oil fraud

Audi must pay 800m euro fine in Germany for oil fraud

Volkswagen said on Tuesday that their production line Audi has agreed to pay 800m euros in German prosecution fines to close investigations into oil fraud. “Audi AG has accepted the fine, the auto production group said, adding that “the fine will directly influence Volkswagen” profits for the year [...]

“Audi AG has accepted the fine, the auto production group said, adding that “the fine will directly influence Volkswagen” profits for 2018.

The administrative process against Audi AG was opened due to the oil scandal, which has been legally closed,”, Munich prosecutors said in a statement.

Tuesday's fine comes to the top of the total cost in fines, purchases and repairs of more than 27 billion euros that Wolfgang has wanted to pay for its “dieselgate” scandal.

Volkswagen's profits for 2018 suffered another billion euros in June when they agreed to pay a similar fine to Burnswick prosecutors for their vehicles.

The VW admitted in 2015 that it had built the so-called “loss equipment” into 11 million cars worldwide.

Such a software allowed vehicles to appear to meet the demand of regulatory emissions under laboratory conditions, while in fact emits many times more harmful gases, such as nitrogen dioxide (NOx) on the street.

Investigators followed the Audi on V6 and V8 engines built on their cars, VW brand self cars and models from Portche, as well as on Audi cars equipped with VWUC fraud motors.

In all, the case is about almost five million cars worldwide built in between 2004 and 2018.

Audi's former executive chief, Rupert Stadler, was removed from his post by the VW earlier this month.

Prosecutors had imprisoned him in June, saying it was necessary to prevent him from affecting witnesses.

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