VW to Pay More Than $10 Billion to Settle Emissions Claims
Posted By RichC on June 23, 2016
Volkswagen AG has agreed to pay more than $10 billion to settle claims from U.S. owners of diesel-powered vehicles affected by the German auto maker’s emissions-cheating scandal, said people familiar with the matter.The $10 billion-plus deal would address owners of nearly 500,000 diesel-powered vehicles with two-liter engines that contain software capable of duping government emissions tests, the people said.
Source: Volkswagen to Pay More Than $10 Billion to Settle Emissions Claims – WSJ
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