Source: VW To Pay $10.2 Billion To Settle US Emissions Scandal

Volkswagen has agreed to pay about $10.2 billion to settle claims in the US from customers for its unprecedented diesel emissions cheating scandal, two people briefed on the matter told the Associated Press Thursday. The majority of the money would compensate 482,000 car owners with 2-liter diesel engines programmed to turn on emissions controls during lab tests, yet turn them off while on the road, the unidentified sources said, despite a gag order issued by the judge. One of the sources said the agreement was tentative and could change by the time terms are officially announced by the judge Tuesday. The bulk of the cash would be used to fix the cars, buy them back and compensate owners,...