vw agrees to 147 bn payout in us emissions probe
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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VW agrees to $14.7 bn payout in US emissions probe

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Arab Today, arab today VW agrees to $14.7 bn payout in US emissions probe

VW agrees to $14.7 bn payout in US emissions probe
Washington - Arab Today

 Volkswagen has agreed to pay out $14.7 billion in a settlement with US authorities and car owners in the probe over its emissions-cheating diesel-powered cars, court documents showed Tuesday.

The settlement filed in federal court calls for the German auto giant to either buy back or fix the cars that tricked pollution tests, and to pay each owner up to $10,000 in cash.

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