Largest penalty in Germany history
Germany’s decision to pay a billion euro fine on Volks Wagon, a leading car manufacturer, was involved in fraud in diesel cars emissions. The fine was imposed on the vehicle by the use of specialized software in the car to show that the nitrogen oxide was released in accordance with the standards during vehicle testing. Germany ordered the Fox Wagon Company to recall 7.74 lakh vehicles across Europe. The wrong-minded Fox Wagon company said it was willing to pay a fine. In Germany, it was the biggest penalty for lawyers. Foxswagen’s acceptance of the fault will cost the entire 25 billion euros, including vehicle recalls and penalties.