Frankfurt am Main — Volkswagen (VW) said on Tuesday that subsidiary Audi had agreed to pay an €800m fine issued by German prosecutors to close a diesel cheating investigation. "Audi has accepted the fine" investigators levied for "deviations from regulatory requirements in certain V6 and V8 diesel aggregates [motors] and diesel vehicles," the group said in a statement, adding that "the fine will directly affect Volkswagen's financial earnings" for 2018. "The administrative proceeding against Audi opened because of the diesel scandal is hereby closed in a legally binding way," Munich prosecutors said in their own statement. Tuesday's fine comes on top of total costs in fines, buybacks and refits of more than €27bn that VW has had to pay out over its "dieselgate" scandal. The group's 2018 earnings suffered another €1bn blow in June when it agreed to pay a similar fine levied by Brunswick prosecutors over its own-brand vehicles. VW admitted in 2015 to building so-called "defeat devices...

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