Volkswagen emissions settlement News

Volkswagen AG’s agreement with California to resolve unfair competition claims tied to the company’s emissions-cheating scandal won final approval from the federal judge overseeing hundreds of lawsuits in the U.S. California’s consent decree is part of VW’s more than $16.5 …

Volkswagen AG’s settlement with nearly 500,000 U.S. customers and government regulators over polluting diesel vehicles is valued at more than $15 billion cash, two sources briefed on the matter said on Monday. The settlement, to be announced on Tuesday in …