Environment

Volkswagen Agrees To $14.7 Billion Settlement In Emissions Cheating Scandal

Nearly 500,000 dirty diesel vehicles could be taken off the roads under a settlement approved by a judge in the Volkswagen emissions cheating scandal. VW has agreed to pay up to $14.7 billion to resolve claims from consumers and the U.S. government. Customers will be compensated under a VW buyback program, and the company will also pay to offset the pollution caused by the rigged diesel vehicles.