VW could face another $1bn spend to fix US emissions claims
19 Dec 2016
German carmaker Volkswagen could spend another $1 billion to settle claims in the US over its diesel emissions scandal, The Wall Street Journal reported today citing a person familiar with the matter.
Volkswagen would use that extra cash to fix claims related to larger and luxury diesel vehicles, the report stated.
The new bill would add to the over $10-billion deal reached last summer with US authorities to compensate more than 475,000 vehicles with 2-litre engines (See: Volkswagen to pay $14.7 bn in US emission-cheating case).
The two sides have yet to reach an agreement over 3-litre diesel vehicles that were also found to violate the emission laws.
However, a spokeswoman for VW told The Wall Street Journal on Sunday that both sides were making "substantial progress" toward a resolution for the affected 3-litre TDI V6 vehicles.
