This Article is From Dec 17, 2016

Volkswagen Agrees To Pay $200 Million To Offset US Emissions

Volkswagen Agrees To Pay $200 Million To Offset US Emissions

Volkswagen AG has agreed to pay just over $200 million to offset emissions.

Washington: Volkswagen AG has agreed to pay just over $200 million to offset emissions from about 80,000 3.0 litre diesel US vehicles, a source told Reuters.

The agreement is expected to be announced as early as Friday, and is in addition to $2.7 billion that VW previously agreed to pay to offset emissions from about 475,000 2.0 litre diesel vehicles. US District Judge Charles Breyer on Friday delayed a hearing until later in the day so negotiations can continue over reaching a final resolution on the 3.0 litre vehicles.

 
© Thomson Reuters 2016

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