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10/16/18
Wolfsburg
Volkswagen Group News

Munich II public prosecutor concludes regulatory offences proceedings against AUDI AG by issuing administrative order imposing a fine (Bußgeldbescheid) / AUDI AG accepts the fine and, by doing so, admits its responsibility

  • Administrative order against AUDI AG imposes a fine of EUR 800 million due to deviations from regulatory requirements in the context of certain V6 and V8 diesel aggregates and diesel vehicles manufactured or distributed by AUDI AG
  • Another important proceeding in connection with deviations from regulatory requirements by Volkswagen group diesel vehicles will thus be finally terminated
  • Fine will directly affect Volkswagen AG’s financial earnings and, as a negative special item, reduce the group earnings of Volkswagen AG accordingly

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