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Volkswagen agrees to $232 million 3.0-liter Canadian emissions settlement


By David Shepardson(Reuters) - Volkswagen AG has agreed to a settlement worth up to $232 million (C$290.5) with owners of vehicles in Canada affected by its diesel emissions-cheating scandal, the automaker said on Friday.The agreement provides for cash payments to owners of about 20,000 3.0-liter Volkswagen, Audi and Porsche diesel vehicles in Canada and is subject to court approval. The German automaker also agreed to pay a $2.5 million Canadian dollar civil penalty."This is an important milestone towards making things right for all of our customers with affected diesel vehicles in Canada," ...

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First Published: Sat, January 13 2018. 03:45 IST