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Audi fined 800 million euros for breaking diesel emission laws

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Audi has been fined 800 million euros (£704m) for violating diesel engine emission regulations by German authorities.

The fine, issued by a Munich prosecutor, relates to certain V6 and V8 diesel engines and cars made by Audi.

In accepting the fine, Audi said it would “directly affect” its financial earnings, reducing its 2018 performance.

The fine consists of the maximum penalty for “negligent regulatory offences” and “disgorgement of economic benefits” of 795 euros.

The penalty is the latest development in the diesel emissions scandal that first embroiled the German company in 2015.

 



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