Volkswagen Near Settling US Criminal Case Over Emissions Cheating – Wall Street Journal

Posted: Friday, January 06, 2017

Volkswagen AG is near resolving a criminal investigation into the German auto giant’s emissions cheating, said people familiar with the matter, aiming to reach an accord as soon as next week that would require the company to pay a financial penalty of several billion dollars and cap a major aspect of a long-running crisis.

Volkswagen, which has admitted to the environmental lapses, is in ongoing discussions with the U.S. Justice…

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