Published: Wed, October 17, 2018
Money | By Armando Alvarado

Audi fined $1.3 billion in Germany over Dieselgate engines

Audi fined $1.3 billion in Germany over Dieselgate engines

The settlement covers about five million cars sold in Europe and the USA, from 2004 to 2018. Prosecutors also said Audi "failed to discover" that its vehicles sold with the VW Group's EA288 and EA189 diesel engines featured an impermissible software function to cheat emissions tests - unearthed in the Dieselgate scandal.

Specifically, the fine pertains to 6- and 8-cylinder diesel engines that did not comply with emissions laws, Reuters reported Tuesday.

Nitrogen oxides can make existing lung disease worse, contribute to the development of asthma and increase susceptibility to respiratory infections, according to the U.S. Environmental Protection Agency. Former Audi CEO Rupert Stadler remains in jail while prosecutors investigate individual involvement in the diesel scandal. Former CEO Martin Winterkorn and other executives face criminal charges in the United States, though they can not legally be extradited.

Targets include former chief executives Martin Winterkorn and Matthias Mueller, present VW boss Herbert Diess and supervisory board chairman Hans Dieter Poetsch.

YouTube experiencing "access issues" in apparent global outage
The site's official launch was in November 2005 and in less than a year, about 65,000 videos were being uploaded on a daily basis. Google's YouTube TV, a US -exclusive video streaming platform, is also down right now according to various reports .

The Wolfsburg-based group's 2018 earnings suffered another one-billion-euro blow in June when it agreed to pay a similar fine levied by Brunswick prosecutors over its own-brand vehicles.

Following VW's €1 billion fine in June, German prosecutors have penalized Audi as well with the whopping amount of €800 million ($928 million).

Audi said in a statement that it will not appeal the fine.

"Audi AG has accepted the fine" investigators levied for "deviations from regulatory requirements in certain V6 and V8 diesel aggregates (motors) and diesel vehicles", the group said in a statement, adding that "the fine will directly affect Volkswagen AG's financial earnings" for 2018.

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