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

Reuters Studio -   ▶  01:04

Recent related news

Gov. Greg Abbott, Texas U.S. Senators John Cornyn and Ted Cruz, and most U.S. Representatives from the Lone Star State sent a letter to Congress last week...
1 week ago • bizjournals
The U.S. House of Representatives passed a $36.5 billion disaster aid package for victims of the recent hurricanes and California fires Thursday in a 353-69...
5 days ago • WorldNews
BERLIN (AP) — German pharmaceutical giant Bayer AG has reached a 5.9 billion euro ($7 billion) deal to sell parts of its Crop Science unit to German chemical...
4 days ago •
NEW YORK (AP) — NEW YORK (AP) — Citigroup Inc. (C) on Thursday reported third-quarter earnings of $4.13 billion. The New York-based bank said it had earnings...
5 days ago •

You might like