 "Volkswagen, car")
An Australian federal court ordered Volkswagen AG to pay a record A$125 million ($86 million) fine for misleading car buyers about emissions, as the biggest scandal in modern automotive history continues to drag the carmaker.
The penalty is the highest-ever under the country’s consumer law, the Australian Competition & Consumer Commission said Friday in a statement. Volkswagen said separately it will review the assessment, which exceeds an earlier settlement of A$75 million, and may appeal.
The scandal -- which started four years ago when Volkswagen admitted to cheating on diesel emissions tests -- has already cost the company
The penalty is the highest-ever under the country’s consumer law, the Australian Competition & Consumer Commission said Friday in a statement. Volkswagen said separately it will review the assessment, which exceeds an earlier settlement of A$75 million, and may appeal.
The scandal -- which started four years ago when Volkswagen admitted to cheating on diesel emissions tests -- has already cost the company
