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06-28-2016, 02:40 AM
VW to pay $15 billion to settle 'dieselgate' in the U.S., report says
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When "dieselgate (http://mashable.com/category/dieselgate/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)" first broke late last year, Volkswagen set aside roughly $7.3 billion to pay for the scandal worldwide. Turns out, it might cost the automaker more than double that figure to settle — and that is just in the U.S.
SEE ALSO: Tesla signs $9 billion agreement to build factory in China, report says (http://mashable.com/2016/06/24/tesla-factory-china-9-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
Volkswagen is scheduled to file its emission-cheating settlement in court on Tuesday morning.*The German carmaker is planning to buy back diesel-powered models from owners in the U.S. and also compensate them up to $10,000 a piece, "two people familiar with the negotiations" told Bloomberg (http://www.bloomberg.com/news/articles/2016-06-27/volkswagen-said-to-face-15-billion-tab-in-u-s-settlement).* Read more... (http://mashable.com/2016/06/27/volkswagen-15-billion-dollar-settlement/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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When "dieselgate (http://mashable.com/category/dieselgate/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)" first broke late last year, Volkswagen set aside roughly $7.3 billion to pay for the scandal worldwide. Turns out, it might cost the automaker more than double that figure to settle — and that is just in the U.S.
SEE ALSO: Tesla signs $9 billion agreement to build factory in China, report says (http://mashable.com/2016/06/24/tesla-factory-china-9-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
Volkswagen is scheduled to file its emission-cheating settlement in court on Tuesday morning.*The German carmaker is planning to buy back diesel-powered models from owners in the U.S. and also compensate them up to $10,000 a piece, "two people familiar with the negotiations" told Bloomberg (http://www.bloomberg.com/news/articles/2016-06-27/volkswagen-said-to-face-15-billion-tab-in-u-s-settlement).* Read more... (http://mashable.com/2016/06/27/volkswagen-15-billion-dollar-settlement/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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