industry

Audi fined 800 mln euros for diesel violations



German premium car brand Audi, a division of Volkswagen, said it was fined 800 million euros on Tuesday for violations tied to six- and eight-cylinder diesel engines which did not conform to anti-pollution standards. As Sonia Legg reports, news of the fine followed comments from Volkswagen’s CEO that German carmakers only have a 50 percent chance of surviving as leading players in the auto industry without transforming their businesses.





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