Vw Could Face Further Fines From German Authorities

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BRAUNSCHWEIG, Germany – Volkswagen (VOWG_p.DE) could face additional fines in Munich and Stuttgart on top of the 1 billion euros ($1.2 bln) it has been told to pay for management lapses which caused emissions cheating on 11 million VW diesel cars.

Prosecutors in the German town of Braunschweig used a so-called administrative order to fine Volkswagen for oversight problems which allowed millions of polluting VW cars to hit the road.

The fine is one of the biggest ever penalties imposed by German authorities against a company.




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