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Volkswagen to pay historic 15.3 billion dollars for cheating US emissions tests
German vehicle maker Volkswagen AG is to pay more than 15.3 billion dollars – around 13.8 billion euros – in an historic settlement deal with government regulators and nearly 500,000 US diesel car owners.
The agreement, which settles charges that VW cheated on US emissions tests, will pay for buying back the vehicles of affected consumers and also free up funds expected to benefit producers of cleaner technologies.
Patrick Min, Senior Industry Insights Analyst for Truecar discussed the record-…
READ MORE : http://www.euronews.com/2016/06/28/volkswagen-to-pay-historic-153-billion-dollars-for-cheating-us-emissions-tests
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