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Volkswagen 'to pay $10bn' for US emissions scandal
Source: BBC
Volkswagen 'to pay $10bn' for US emissions scandal
23 June 2016 Business
Volkswagen has agreed to pay $10.2bn (£6.9bn) to settle some claims in the US from its emissions cheating scandal, according to reports.
Most of the money would compensate 482,000 owners of two-litre diesel cars programmed to distort emissions tests.
Owners could receive between $1,000 and $7,000, depending on their car's age.
The agreement could still change when it is officially announced by a judge on Tuesday, sources said.
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Read more: http://www.bbc.com/news/business-36611152
