Australia fines Volkswagen record $86 million for emissions breach: regulator

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Australia fines Volkswagen record $86 million for emissions breach: regulator
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Australia's competition regulator said the federal court has penalized Volk...

The revised logo of German carmaker Volkswagen AG is pictured during a preview of the world's biggest automaker at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay

The penalty amount is the highest ever ordered by the court for contraventions of the Australian Consumer Law, the Australian Competition and Consumer Commission said in a statement on Friday. The breach of law occurred when the auto giant sought approval to supply and import more than 57,000 vehicles into Australia between 2011 and 2015.“This penalty reflects a trend of ever higher penalties for breaches of Australian consumer law,” Sims said.

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