Volkswagen agrees to pay record $14.7billion settlement over Diesel emissions cheating
Volkswagen has agreed to pay a record $14.7 billion as settlement over emissions cheating and that's just the beginning as they could pay more , court documents have revealed.. The automobile company Volkswagen AG agreed to pay up to $14.7 billion to settle emissions-cheating claims with regulators and owners of nearly 500,000 diesel-powered vehicles, a step toward resolving a major portion of a crisis that sparked litigation and investigations across the globe and cost the company chief executive his job. (more…)
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