VW will plead guilty to three felonies and be on probation for three years
The German automaker will pay a $2.8 billion penalty to resolve the criminal charges
VW shares were up 2.1 per cent at 149.10 euros by 8.40 GMT
Hoping to dispel the doubts created by Volkswagen's diesel emissions scandal
In the US, those vehicles were spewing up to 40 times permissible levels of harmful nitrogen oxide
CPC currently operates with 119 master canteens and 1,500 plus subsidiary canteens across India
The carmaker increased sales in Asia by 11.8%, including a 14% boost in China
VW admitted in 2015 to installing secret software in diesel cars to cheat exhaust emissions tests
German carmaker is involved in lawsuits in countries and is racing to resolve criminal allegations
The recall involves imported Beetles and imported Golf Variants
German company had produced 7,20,000 units from the Pune plant since 2009
Half of the compensation will be paid at the time Breyer gives final approval of the settlement
The talks aim to hammer out what to do with about 80,000 3-liter diesel cars that were programmed to skirt emissions tests
Volkswagen in June agreed to put $2.7 billion over three years into a trust fund created to cut diesel pollution
Volkswagen attorney said the company believes it can recall and fix the 3-litre vehicles without affecting their performance
In addition to $2.7 billion previously agreed to pay to offset emissions from about 475,000 2.0-liter diesel vehicles
The filing by the FTC also said a witness sent by VW was unprepared to testify about the lost or damaged telephones
Nitrogen Oxide pollution from diesel engines lead to premature death of 72,000 people per year
The fine is the largest ever handed out by the FTC in a false advertisement case
German auto major Volkswagen had sold 1,942 units in November last year