View Single Post
Unread 07-28-2020, 11:00 PM   #1
RSS Feed
Newsfeed Bot
 
Join Date: Aug 1998
Posts: 6,207
Thanks: 0
Thanked 10 Times in 10 Posts
RSS Feed is on a distinguished road
Default VW paid $9.8 billion in diesel settlements to U.S. consumers

Filed under: Earnings/Financials,Government/Legal,Green,Volkswagen,Emissions,Diesel

Click the image to open in full size. U.S. buyers of polluting Volkswagen AG vehicles received more than $9.8 billion in settlements, the Federal Trade Commission (FTC) said on Monday . Volkswagen agreed to offer to buy back or repair more than 550,000 polluting diesel U.S. vehicles after it admitted in 2015 that it used secret software to cheat emissions tests. Volkswagen paid more than $9.5 billion to U.S. consumers, while VW diesel supplier Robert Bosch [ROBG.UL] paid more than $300 million to U.S. consumers.Continue reading VW paid $9.8 billion in diesel settlements to U.S. consumers

VW paid $9.8 billion in diesel settlements to U.S. consumers originally appeared on Autoblog on Tue, 28 Jul 2020 08:48:00 EDT. Please see our terms for use of feeds.



Permalink | Email this | Comments

More...
RSS Feed is offline