Wednesday, February 1, 2017

VW, Robert Bosch agree to pay $1.55 billion to settle U.S. diesel claims

WASHINGTON (Reuters) - Volkswagen AG has agreed to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting U.S. 3.0 liter diesel-engine vehicles to settle claims it fitted illegal emissions-cheating software to the cars, court documents showed.

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