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VW's diesel settlement in US clears only one of many hurdles

Company faces more scrutiny both in US and elsewhere, especially as authorities pursue criminal investigations
Thursday, June 30, 2016 - 05:50

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Although emissions rules in Europe are more lenient than in the US, Volkswagen may still have to pay up there, with the increasing outcry from millions of European VW owners and politicians for compensation.

New York

VOLKSWAGEN solved one big problem stemming from its diesel emissions deception, agreeing on Tuesday to pay up to US$14.7 billion to settle claims in the United States.

But the final financial toll - once the company deals with a long list of fines, lawsuits and criminal

sentifi.com

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