Volkswagen agrees to $14.7 billion settlement

David Brancaccio Jun 28, 2016
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Volkswagen agrees to $14.7 billion settlement

David Brancaccio Jun 28, 2016
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Volkswagen has agreed to pay $14.7 billion to settle with consumers who bought VW and Audi cars that had small diesel engines designed to cheat emissions tests. This covers 475,000 cars, mainly in the U.S., and grants VW owners with a useful option if they don’t want VW to try to fix the cars — which could reduce the vehicle’s performance. 

Click the above audio player to hear the full report. 

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