A US judge has approved VW’s $1.2bn settlement with dealers

whatsapp Breyer said the settlement was “fair, reasonable, and adequate”.Read more: VW owners are taking their emissions scandal claims to the High CourtVW has also agreed to keep making volume-based incentive payments to dealers and will allow them to defer capital improvements for two years.Earlier this month, VW said it had negotiated a $4.3bn draft settlement with US regulators over the emissions-rigging scandal and said it would plead guilty to breaking certain US laws.It had already agreed to a $15bn civil settlement with environmental authorities and car owners in the US. Share Rebecca Smith Tuesday 24 January 2017 8:23 am Volkswagen’s dealers will receive a $1.2bn (£1bn) settlement, after a US judge approved it.The 650 dealers will receive an average of $1.85m due to the car company’s diesel emissions scandal and US District Judge Charles Breyer said they will be paid over 18 months. whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoMaternity WeekAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongMaternity WeekUndoPensAndPatronTori Roloff Confirms Devastating News About The FamilyPensAndPatronUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndo More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org And law firm Harcus Sinclair has applied for a group litigation order against VW on behalf of thousands of owners of cars manufactured by the firm. That’s the first such claim in the UK.Read more: VW’s launched a new company to discover the future of transportThe scandal emerged in September 2015 when the US Environmental Protection Agency (EPA) found that many VW cars sold in the country had software to detect when they were being tested and tweak the performance to cheat the tests.The German company then admitted cheating emissions tests in many other countries too, including the UK. A US judge has approved VW’s $1.2bn settlement with dealers

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