Volkswagen’s diesel scandal costs hit $33 billion with new Audi penalty

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Volkswagen’s diesel scandal costs hit $33 billion with new Audi penalty

London (CNN Business)Volkswagen is once again counting the cost of cheating on diesel engine emissions tests.

The German carmaker said Tuesday that it had been hit with a new fine relating to failings at its Audi subsidiary, sending the total cost of the scandal to nearly $33 billion.
Volkswagen admitted in 2015 to cheating on clean air rules with software that made emissions look less toxic than they actually were.