Episode details

World Service,26 Jun 2023,26 mins
Car manufacturers face stricter rules after German legal ruling
World Business ReportAvailable for over a year
Germany's highest court has ruled that car manufacturers must - in principle - pay compensation to customers whose diesel vehicles were fitted with illegal devices to control emissions. The federal judges' decision could potentially cost Volkswagen, Mercedes-Benz and other carmakers millions of dollars. After a mutiny by Wagner paramilitary forces in Russia was defused on Saturday, Global investors have been quick to react as the Russian rouble sank to a 15-month low - back to levels not seen since the early days of the invasion of Ukraine last year. Pakistan is in a last-ditch attempt to revive a deal with the IMF. The finance minister has made drastic changes in the budget to try to secure the deal. (Picture: Cars drive in the city centre in Berlin, Germany. Source: Sean Gallup/Getty Images)
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