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Volkswagen put on probation, hit with criminal fine

2017年 4月 22日 Saturday - 01:09

A federal judge in Detroit on Friday sentenced Volkswagen to three years of probation and ordered the automaker to pay a $2.8 billion criminal fine tied to the emissions cheating scandal, which it settled earlier this year. Conway G. Gittens reports.

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Volkswagen on Friday put on three-years of probation in the U.S., in which the automaker will be under the watchful eye of an independent monitor approved by the court. It was also hit with a $2.8 billion criminal fine - as part of the total $4.3 billion federal settlement it agreed to in January. The Federal judge who delivered the ruling in Detroit expressing shock at what he called "a case of deliberate and massive fraud" and ordered the world's biggest automaker to make significant reforms. Volkswagen pleaded guilty in March to fraud, lying, and obstruction of justice for installing secret software in over half a million U.S. vehicles, cheating on emissions tests. But the scandal is not totally put to rest - Volkswagen has pledged up to $25 billion to compensate U.S. drivers and dealers. And it still faces the outcome of a criminal probe in its home country - Germany.

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Volkswagen put on probation, hit with criminal fine

2017年 4月 22日 Saturday - 01:09