Sunday, 3 July 2016

Record VW payout in US 'dieselgate' settlement


CAR TECH
Record VW payout in US 'dieselgate' settlement Washington (AFP) June 28, 2016 - Volkswagen has agreed to a record $15 billion US payout over its emissions-cheating diesel cars, pledging to buy back or fix vehicles that tricked pollution tests, and pay each owner up to $10,000. The German auto giant agreed in a settlement filed in federal court Tuesday to pay up to $14.7 billion to American consumers and US authorities, and announced a separate deal to pay $603 million t ... more

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