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Volkswagen set to plead guilty and pay US$4.3b in deal

Thursday, January 12, 2017 - 05:50

41116664 - 12_01_2017 - FILES-US-CRIME-AUTOMOBILE-VW.jpg
Volkswagen is on the verge of pleading guilty to criminal charges and paying US$4.3 billion in fines, in a deal that would resolve a federal criminal investigation into its cheating on vehicle emissions tests, the carmaker said on Tuesday.

New York

VOLKSWAGEN is on the verge of pleading guilty to criminal charges and paying US$4.3 billion in fines, in a deal that would resolve a federal criminal investigation into its cheating on vehicle emissions tests, the carmaker said on Tuesday.

The expected guilty plea, and the

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