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US indicts six as Volkswagen agrees to pay US$4.3b over diesel scandal

Automaker to spend up to US$22b in United States to address claims from owners, dealers, regulators and states

Published Thu, Jan 12, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Washington

    VOLKSWAGEN AG has agreed to pay the largest US criminal fine levied on an automaker to settle charges that it conspired for nearly 10 years to cheat on diesel emission tests, while prosecutors on Wednesday charged six current and former senior VW executives for their roles in the scheme.

    The German automaker agreed on Wednesday to pay US$4.3 billion (S$6.2 billion) in US civil and criminal fines and pay California US$153.8 million.

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