German Finance Minister Wolfgang Schaeuble, a leading member of Chancellor Angela Merkel`s government, on Tuesday called for stronger regulation of the country`s auto industry, which is embroiled in a widening emissions scandal.

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Schaeuble told an event hosted by the Handelsblatt newspaper that the industry had made serious mistakes and must accept the consequences.

The future of the auto sector, Germany`s biggest exporter and provider of some 800,000 jobs, has become a hot election issue as politicians blame executives and each other for the sector`s battered reputation after Volkswagen admitted to cheating U.S. emissions tests almost two years ago.

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