U.S. judge grants preliminary approval to VW, Bosch $1.5bn settlementsStaff Writer | February 14, 2017
A federal judge granted preliminary approval to a Volkswagen (VW) settlement to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting U.S. 3.0 liter diesel-engine vehicles.
Dieselgate Nearly 80,000 polluting cars
Volkswagen could be forced to pay up to $4.04 billion if regulators don't approve fixes for all vehicles.
Breyer will hold a May 11 hearing on whether to grant final approval. ■