Around the Net
Volkswagen Faces $15 Billion Settlement
- Bloomberg, Tuesday, June 28, 2016 8 AM
Volkswagen AG’s price tag to settle lawsuits in the U.S. over its rigging of diesel emissions tests has jumped to more than $15 billion -- $5 billion more than previously reported. VW will set aside up to $10.03 billion to cover costs including buying back vehicles at pre-scandal values and compensating drivers as much as $10,000 per car for their troubles.
