Volkswagen agrees to spend up to C$2.1 billion over Canadian emissions | Reuters

 Volkswagen agrees to spend up to C.1 billion over Canadian emissions
| Reuters

WASHINGTON Volkswagen AG has agreed to spend up to $2.1 billion Canadian dollars to buy back or fix 105,000 polluting diesels and compensate owners, the company said Monday.In June, Volkswagen agreed to a similar deal with U.S. owners, agreeing to spend up to $10.03 billion to buy back or fix 475,000 U.S. vehicles. In total, the company has now agreed to spend to date more than $18 billion to address diesel emissions issues in North America -- and still faces more costs to address larger vehicles and U.S. fines.

(Reporting by David Shepardson; Editing by Chizu Nomiyama)

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Updated Date: Dec 20, 2016 00:00:06 IST