Wednesday, February 1, 2017

VW, Robert Bosch agree to pay $1.6 billion to settle U.S. diesel claims

WASHINGTON (Reuters) - Volkswagen AG has agreed to pay at least $1.26 billion to fix or buy back and compensate owners of about 80,000 polluting 3.0 liter diesel-engined vehicles -- and could be forced to pay more than $4 billion if regulators don't approve fixes for all vehicles, court documents filed late Tuesday showed.

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