Friday, March 18, 2016

VW managers knew of possible penalties in August 2015: Der Spiegel

FRANKFURT (Reuters) - Volkswagen's VW brand chief and its head of procurement were told in an internal meeting on Aug. 24, 2015 that the German carmaker could face potential penalties of more than $20 billion for the use of illegal software in its vehicles, weekly Der Spiegel reported on Friday.


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