VW diesel settlement News

VW Investors’ $48M Diesel Settlement Receives Preliminary OK

A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG made false and misleading statements over its excess diesel emissions. Lawyers for the investors, who include police and other municipal …

Appeals Court Upholds Volkswagen’s $10 Billion Diesel Settlement with Owners

A federal appeals court on Monday upheld Volkswagen’s $10.03 billion settlement with the owners of nearly 500,000 polluting diesel vehicles announced in 2016. The three-judge panel of the U.S. 9th Circuit Court of Appeals said, in dismissing a number of …

U.S. Judge Set to Approve Another VW Diesel Settlement of $1.2 Billion

A U.S. judge said he intends to give final approval to Volkswagen AG’s $1.225 billion settlement with regulators and about 78,000 drivers of premium Audis, VWs and Porsches over the company’s diesel cheating-scandal. All told, VW is committed to spending …

Volkswagen Reaches Another Diesel Claims Settlement with 10 States for $157 Million

Volkswagen AG said Thursday it has agreed to settle environmental claims from 10 U.S. states over its excess diesel emissions for $157.45 million as the world’s largest automaker looks to move past the scandal. The German automaker settlement covers states …

VW Claims Costs in U.S. for Emissions Scam Top $17 Billion with More to Come

Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States as the German automaker on Tuesday took new steps to put its emissions cheating scandal behind …

House Republicans Question Volkswagen Penalties for Diesel Pollution

Two senior U.S. House Republicans on Tuesday asked environmental regulators to answer questions about Volkswagen AG’s diesel emissions settlements, including disclosing how the government calculated the penalties imposed on VW to offset excess pollution. In a letter, Representative Fred Upton, …

U.S. Judge Approves $14.7 Billion Settlement for VW Diesel Car Owners

A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG’s $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker said it would begin buying back polluting cars in mid-November. …

Judge ‘Strongly’ Inclined to Approve Volkswagen $14.7 Billion Settlement

Volkswagen AG and car owners will likely secure a federal judge’s final sign-off on their $14.7 billion settlement as the automaker continues to seek regulators’ approval of a fix for 482,000 pollution-spewing vehicles still on U.S. roads. U.S. District Judge …

$14.7B VW Diesel Settlement Gets Preliminary Approval

Volkswagen AG’s $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle on Tuesday, as a federal judge gave the automaker preliminary approval to buy back up to 475,000 vehicles. U.S. District Judge Charles Breyer in …

Update: Volkswagen’s U.S. Diesel Settlement Tab to Top $15 Billion

German automaker Volkswagen AG will pay more than $15.3 billion to settle charges that it cheated on U.S. diesel emissions tests, an agreement that will fund buybacks for consumers and provide up to $4.7 billion that could benefit makers of …