Tuesday, June 28, 2016

Volkswagen's $18B TDI buyback would be largest consumer car action in US history

Volkswagen TDI 'clean diesel' television ad screencapVolkswagen on Tuesday announced a settlement with the EPA and numerous other regulators to resolve class-action lawsuits over its TDI diesel emission cheating scandal. If approved next month, the deal would by by far the largest consumer action settlement in U.S. history. It comes nine months after the automaker admitted it lied about emissions...

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