Australia: Court orders Volkswagen to pay record $125 million in penalties

The Federal Court has ordered Volkswagen AG to pay $125 million in penalties, after it declared by consent that Volkswagen breached the Australian Consumer Law by making false representations about compliance with Australian diesel emissions standards.

The $125 million that Volkswagen has been ordered to pay is the highest total penalty order ever made by the Court for contraventions of the Australian Consumer Law.

Volkswagen admitted that, when it sought approval to supply and import more than 57,000 vehicles into Australia between 2011 and 2015, it did not disclose to the Australian Government the existence of ‘Two Mode’ software. 

Full Content: ACCC, Reuters

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