Volkswagen civil penalties News

Two senior U.S. House Republicans on Tuesday asked environmental regulators to answer questions about Volkswagen AG’s diesel emissions settlements, including disclosing how the government calculated the penalties imposed on VW to offset excess pollution. In a letter, Representative Fred Upton, …

Volkswagen AG has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and lawsuits by American car owners over diesel vehicles rigged to cheat pollution controls, a person with direct knowledge of the …