Appeals Court Upholds Judge's Decision In $10B Volkswagen Emissions DealA U.S. appeals court has approved a $10 billion settlement between Volkswagen and car owners caught up in the company's emissions cheating scandal.
Report: VW To Pay Near $10.2B To Settle Emissions ClaimsVolkswagen has agreed to take a series of steps costing about $10.2 billion to settle claims from its unprecedented diesel emissions cheating scandal in the U.S., two people briefed on the matter said Thursday.
Volkswagen Offering $1,000 In Gift Cards, Vouchers To Diesel Owners After Emissions ScandalThe car owners have been in limbo since mid-September, when VW admitted the cars are equipped with software that turns on pollution controls during government tests and turns them off while on the road.
VW Could Be Forced To Buy Back Diesel Vehicles That Cheated Emission TestsVolkswagen almost inevitably will have to compensate owners of diesel cars equipped with emissions-rigging software. Some legal experts say the automaker could be forced to buy back the cars altogether.