Volkswagen Dieselgate Settlement Includes $2 Billion Investment Towards Electric Cars

Volkswagen/Audi this week announced a settlement agreement with U.S. federal regulators, private plaintiffs and 44 U.S. states on Dieselgate, involving TDI diesel engine cars. The costs for the company on the buybacks and lease terminations, emissions modifications (if approved) and cash payments to affected customers for approximately 475,000 eligible 2.0L TDI comes to $10.033… …read more