Volkswagen to pay $2.8 billion in US diesel emission scandal

Friday, 21 April 2017
VW admits that nearly 600,000 diesel cars in the U.S. were programmed to turn on pollution controls during testing and off while on the road. Separately, VW is paying $1.5 billion in a civil case brought by the government and spending $11 billion to buy back cars and offer other compensation.

Related Videos


Wochit Business -   ▶  00:40

Advertisement

Reuters Studio -   ▶  01:04

Recent related news

Advertisement
In its monthly report, the ministry named the issue, which broke out almost two years ago after Volkswagen admitted to cheating U. S. diesel emissions tests, as...
3 days ago • DNA
TOKYO (AP) — Japan reports it saw strong growth in both exports and imports in July reflecting a recovery in demand in China, Southeast Asia and the U.S. The...
1 week ago • SeattlePI.com
CANBERRA, Australia (AP) — Anglo-Australian miner, BHP Billiton, has reported a return to black with a $6.7 billion annual profit a year after the company's...
2 days ago • SeattlePI.com
NEW YORK--(BUSINESS WIRE)--Demand for non-U.S. equities remained strong during the first six months of the year, as non-U.S. companies raised $4.1 billion in...
3 days ago • Business Wire

You might like