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The Volkswagen emissions scandal, sometimes known as Dieselgate [24] [25] ... The settlement also includes $2.7 billion for environmental mitigation, ...
The Volkswagen XL1, with potential mileage as high as 261 mpg ‑US (0.9 L/100 km), is the most fuel-efficient car in the world.. In 1974 Volkswagen paid a $120,000 fine to settle a complaint filed by the Environmental Protection Agency over the use of so-called "defeat devices" that disabled certain pollution-control systems.
On the road, the cars’ actual emissions were 40 times higher than U.S. standards permitted. ... Nevertheless, Cullen pointed to the text of VW’s settlement with CARB, which includes fines for ...
Projects funded with the settlement money were meant to reduce the amount of NOx emissions, because that was the pollutant on which Volkswagen was charged with trying to fool regulators.
Reuters and Bloomberg report that the settlement will cost VW $15 billion. In September, regulators discovered VW was using emissions-concealing software in roughly 500,000 of its diesel vehicles ...
In January 2017, VW pleaded guilty to the emissions scandal and agreed to pay US$4.3 billion in penalties. As of January 2019, 13 VW employees have been indicted, including former CEO Martin Winterkorn. In addition, two former executives (Oliver Schmidt and James Robert Liang) have pleaded guilty in US court and sentenced to prison terms. [10] [11]
WASHINGTON (Reuters) -The U.S. Supreme Court on Monday rejected Volkswagen AG's bid to avoid lawsuits filed by officials in three states seeking damages stemming from the German automaker's diesel ...
Feinberg was also retained by General Motors to assist in their recall response and by Volkswagen to oversee their U.S. compensation of VW diesel owners affected by the Volkswagen emissions scandal. Feinberg was hired by The Boeing Company in July 2019, to oversee distribution of $50 million to support 737 MAX crash victim families. [2]