Volkswagen accused of misclassifying car imports for 12 years

A major tax dispute is brewing between Volkswagen and Indian authorities. The German automaker is accused of wrongly classifying its car imports for 12 years, evading $1.4 billion in taxes. If found guilty, Volkswagen could owe a staggering $2.8 billion, including penalties and interest, according to a report by Reuters. Watch in for more details!