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Volkswagen to pay $232 million to settle lawsuit

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German automaker Volkswagen A.G.'s Canadian unit plans to compensate 20,000 car owners and lessees with cash and other benefits worth up to $290 million Canada ($232 million) to settle a class action lawsuit, Reuters reported. Several users of Volkswagen, Audi and Porsche diesel vehicles filed the lawsuit against the automaker over emission issues.

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