Dieselgate: Volkswagen loses appeal, Australian Federal Court upholds $125 million fine

Volkswagen has lost a Federal Court appeal against a $125 million fine handed down in the wake of the 'Dieselgate' saga. Volkswagen and the Australian Competition and Consumer Commission (ACCC) had originally agreed to a $75 million fine, but in December 2019 the Federal Court described the fine as "manifestly inadequate", increasing it to $125 million.