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Volkswagen announced plans in April 2016 to spend €16.2 billion (US$18.32 billion at April 2016 exchange rates) in relation to the scandal, [42] and agreed in June 2016 to pay up to $14.7 billion to settle civil charges in the United States. [43] In January 2017, Volkswagen pleaded guilty to criminal charges and signed an agreed Statement of ...
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.
Electrify America, LLC is an electric vehicle DC fast-charging network in the United States, with more than 950 stations and over 4,250 DC fast charging connectors as of August 2024. It is a subsidiary of Volkswagen Group of America , established in late 2016 by the automaker as part of its efforts to offset emissions in the wake of the ...
The settlement is the latest by major automakers and much of the funding goes to boosting recall completion rates. ... -Volkswagen's U.S. unit has agreed to a $42 million settlement covering 1.35 ...
As part of a January 2019 settlement, Fiat Chrysler recalled and repaired approximately 100,000 automobiles equipped with a 3.0-litre V6 EcoDiesel engine having a prohibited defeat device, pay $311 million in total civil penalties to US regulators and CARB, pay $72.5 million for state civil penalties, implement corporate governance reforms, and ...
Kenneth Roy Feinberg (born October 23, 1945) is an American attorney specializing in mediation and alternative dispute resolution.He served as the Chief of Staff to Senator Ted Kennedy, Special Master of the U.S. government's September 11th Victim Compensation Fund and the Special Master for TARP Executive Compensation.
Attorney General Brnovich announced a $6.28 million settlement with General Motors LLC in March 2018 as part of a faulty ignition switch-related settlement. Under the settlement, approximately 33,000 Arizona consumers who purchased GM vehicles between July 2009 and July 2014 are eligible for payments. [17] Consumers will receive a minimum of ...
Kia, Hyundai theft settlement funds coming to New Yorkers: Are you eligible? Gannett. Emily Barnes, New York State Team. February 29, 2024 at 3:05 AM.