Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Volkswagen reportedly agrees to $15 billion settlement over emissions scandal

Reprints

German carmaker Volkswagen A.G. has reportedly agreed to a $15 billion settlement with U.S. car owners over the diesel emissions scandal, reported BBC News citing news agencies.

Sources said that the deal would offer to repair or buy back the affected diesel vehicles and pay compensation to owners.

Volkswagen will set aside $10 billion to repair or buy back around 475,000 affected vehicles.

The automaker will also compensate owners with a payment of up to $10,000.

Read more