Volkswagen settles with dealers for $1.2 billion over emissions scandal

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Volkswagen settles with dealers for $1.2 billion over emissions scandal

Volkswagen settles with dealers for .2 billion over emissions scandal

Volkswagen's emissions scandal is costing it a**ther .2 billion.*

The car manufacturer agreed Friday to pay US dealers up to .2 billion to compensate them for losses that resulted from the scandal, the Associated Pressreported.*

Volkswagen cheated emissions regulations on 11 million of its diesel-powered models worldwide. News of the cheated standards broke last September, and since then the manufacturer has faced angry consumers, regulators and, yes, dealers.*

SEE ALSO: The Volkswagen emissions scandal: All you need to k**w


Dealers can choose to opt out of this week's settlement and instead pursue their own cases against Volkswagen. A judge still has to approve the final version of the settlement.* Read more...

More about Emissions, Dieselgate, Volkswagen, and Business

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