Jun 23rd, 2016

VW Said to Pay Diesel Owners Up to $7,000

Volkswagen AG is reported to have agreed to pay owners of diesel cars up to $7,000 and fund a grant program to offset air pollution as part of a $10 billion settlement being negotiated after VW admitted rigging cars to pass emissions tests. Bloomberg's Chris Reiter has the details on "Bloomberg Markets." (Source: Bloomberg)