VW Said in Talks With U.S. Over Two Funds to Pay for Pollution

  • EPA runs national program while California administers its own
  • Automaker faces March 24 deadline to explain car fixes

Volkswagen AG is in talks with U.S. authorities to establish a national remediation fund and a separate one for California as punishment for pollution from its cars after the automaker cheated on diesel-emissions tests, said people familiar with the matter.

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