Germany in court again over "VW Law," could face fines of nearly $375,000/day
The EU competition oversight body is taking Germany back to court over the law, but wants to put some pain into the judgment: it wants Germany fined €31,000 ($41,000 USD) per day for every day since the original 2007 judgment. It also wants the court to issue a second ruling, and if Germany doesn't bring the law into line with the ruling, the EU Commission wants Germany fined €282,725 per day (nearly $375,000) until the Germans comply.
No federal German authorities have responded to the latest EU thrust, but the premier of Lower Saxony offered this: "Doesn't Europe have better things to do?"
- Most and least efficient car companies
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models