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Volkswagen CEO says still trying to overcome diesel cheating scandal

Reuters  |  BERLIN 

(Reuters) - Volkswagen's new said the carmaker was still trying to overcome its emissions cheating scandal after German authorities ordered the Wolfsburg-based company to pay a 1 billion euro ($1.18 billion)fine.

"By doing this, takes responsibility for the diesel crisis," Diess said in a statement on Wednesday after VW agreed to accept the fine.

"Further steps are necessary to restore trust in the company and the auto industry," he said.

($1 = 0.8483 euros)

(Reporting by Andreas Cremer; Writing by Edward Taylor; Editing by Victoria Bryan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 13 2018. 22:10 IST