Volkswagen

Volkswagen faces EU fine for missing emission targets

The famed German carmaker Volkswagen faces an EU fine after falling short of targets for cutting its cars’ CO2 emissions. Volkswagen announced on Thursday it had slashed average emissions for its fleets across Europe by about 20% over the past year compared with 2019. That implied EU fines amounting to a “very low triple-digit million amount,” a spokesman said. European policymakers

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