Volkswagen’s (VWAGY) Brazil unit has been ordered to pay $30.44M in damages related to subjecting workers to slavery-like conditions in the 1970s-1980s, Reuters reports.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VWAGY:
- Volkswagen’s Audi may set annual sales target of 2M cars, Reuters says
- Volkswagen, AWS extend collaboration on DPP for another five years
- EU new car registrations up 7.4% in July
- Porsche searches for new CEO to end Blume’s double role, Bloomberg says
- Cerence announce next evolution of collab with Volkswagen