Volkswagen ordered to pay $2.8 billion in emissions scandal

Volkswagen ordered to pay $2.8 billion in emissions scandal

The German automaker has agreed to pay a total of more than $23 billion in fines and compensation in the United States - including penalties to federal and state authorities, as well as consumers and vehicle dealers - in one of the costliest corporate scandals in history.

A federal judge ordered Volkswagen AG to pay a $2.8 billion criminal fine for rigging diesel-powered vehicles to cheat on government emissions tests, formalizing a punishment the German auto giant agreed to earlier this year in an unprecedented plea deal with USA prosecutors.

U.S. District Judge Sean Cox approved the deal Friday and levied the $2.8 billion criminal penalty.

Neal disclosed that a former Justice Department official, Larry Thompson, will serve as a monitor to ensure that VW complies with the plea agreement, which includes three years of probation and complete future cooperation with any inquiries by investigators.

The German automaker's efforts to cheat on federal and state emissions tests have led to its agreement to pay a total of $4.3 billion in criminal and civil penalties.




Volkswagen pleaded guilty Friday to conspiracy and obstruction of justice and agreed to pay a $4.3 billion penalty for a brazen scheme to program almost 600,000 vehicles to cheat on United States emissions tests. CBS News justice reporter Paula Reid joins CBSN to... Volkswagen separately on Friday gave affected customers who declined to take civil settlements another two weeks to weigh offers, with the clock starting on different dates depending on the kinds of engines in their vehicles.

"The agreements that we have reached with the USA government reflect our determination to address misconduct that went against all of the values Volkswagen holds so dear", the statement said, in part.

VW admitted more than 500,000 diesel cars in America were programmed to turn on pollution controls during emissions testing and then turn them off while on the road. The German auto manufacturer has admitted selling vehicles in the U.S. with diesel engines that could detect when they were being tested for emission, changing the vehicles performance accordingly in order to improve results. The vehicle maker has agreed to buy back approximately half a million cars in the US.

Separately, VW is paying United States dollars 1.5 billion in a civil case brought by the government and spending USD 11 billion to buy back cars and offer other compensation.

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