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BRIEF-Volkswagen Still To Determine Whether To Appeal Aussie Court Decision

Published 20/12/2019, 07:19 pm
VOWG_p
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Dec 20 (Reuters) - Volkswagen AG VOWG_p.DE in emailed statement:

* PENALTY AGREED IN PRINCIPLE WITH AUSTRALIA'S ACCC WAS FAIR AMOUNT, CO IS CAREFULLY REVIEWING COURT'S REASONS FOR DEVIATING FROM AMOUNT

* CO WILL DETERMINE IN COMING WEEKS WHETHER IT WILL APPEAL AUSTRALIAN COURT DECISION

* AUSTRALIA COURT DECISION RELATES SPECIFICALLY TO REGULATORY LITIGATION, IS SEPARATE FROM IN-PRINCIPLE SETTLEMENT REACHED IN CUSTOMER CLASS ACTION PROCEEDINGS Background: (Berlin Speed Desk)

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