A record Australian fine of A$125 million ($86.2 million) has been imposed on Volkswagen because of its false emissions statements.
Daimler AG announced a “high-three digit million” hit to second quarter 2019 earnings related to ongoing expenses to remedy its diesel emissions woes.
Daimler has decided to stop production of a certain type of diesel engine till it clears issues regarding NOx emissions that slightly exceed maximum threshold values.
Audi CEO Rupert Stadler has been arrested in Germany today in connection to the auto major cheating the emissions test, now dubbed the “Dieselgate”.
