VW expected to announce $15 billion settlement in emissions-cheating scandal

June 28, 2016 12:42 AM

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Volkswagen has agreed to pay up to $15 billion for selling cars with software designed to cheat on emissions tests, according to a source familiar with the settlement.

Details are expected at a press conference at 9:30 am ET on Tuesday, the company confirmed.

Also read: The $24 Billion Job: An Energy CEO’s Quest to Reshape Gas Exports

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