Volkswagen emissions scandal: U.S. Judge approves $1.2 billion settlement for dealers

Dealers will receive an average of $1.85 million which will be paid over 18 months

Overdrive January 24, 2017 17:22:45 IST
Volkswagen emissions scandal: U.S. Judge approves $1.2 billion settlement for dealers

U.S. District Judge Charles Bayer has announced that 650 Volkswagen dealers in the country will receive an average of $1.85 million as part of the $ 1.2 billion settlement. The Volkswagen dieselgate settlement was approved by the U.S. Judge on Monday. According to a Reuters report, the settlement will be paid to Volkswagen dealers over a period of 18 months.

In September 2015, Volkswagen AG admitted publicly that it had sold cars equipped...

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