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Australia: Volkswagen A.G. may face billions in fines

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Volkswagen A.G. is under investigation by the Australian Competition and Consumer Commission and may face billions of dollars in fines if it is found to have used a "defeat device" capable of cheating pollution tests on cars sold in Australia, The Sydney Morning Herald reported.

If the cheating software was used on locally sold cars, a fine of $1.1 million Australian ($771,980) for every breach could be imposed on Volkswagen

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