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Tuesday, 23 May 2017

France: VW face prosecution and possible substantial penalties

The Direction générale de la concurrence, de la consommation et de la répression des fraudes, France's consumer fraud watchdog, believes Volkswagen made €22.78 billion from cars sold in the country with illegal defeat devices, Le Monde reports. The French paper cited an unpulished file sent to prosecutors by the DGCCRF. It also reported that diesel emissions test-cheating saved VW €1.52 billion euros that it would otherwise have had to invest to comply with regulations.

The figures for sales and savings could ultimately be used by a court to set fines against VW, were the company to be convicted of the fraud charges that the Paris prosecutor is pursuing. The DGCCRF calculated that VW could face a penalty, capped at 10 percent of annual revenue, of €19.73 billion.


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