Volkswagen Takes One-Two Punch In Australia With Fine, Regulatory Proceedings
Volkswagen has already paid billions of dollars in legal costs around the world. View Photos

Volkswagen has already paid billions of dollars in legal costs around the world.

Highlights

  • Volkswagen AG took two raps in Australia
  • VW was using prohibited engine-control software to pass pollution tests
  • ASIC has started civil penalty proceedings in a federal court against VW

Volkswagen AG took two raps in Australia on Friday as a federal court upheld a fine on the German car maker as part of a global diesel emissions cheating scandal and a regulator started penalty proceedings against one of its financial units.

The court upheld a record A$125 million ($86 million) penalty imposed by the Australian Competition and Consumer Commission (ACCC) to settle lawsuits brought on behalf of thousands of Australian customers caught up in the emissions issue from 2015.