VW Jumps to Six-Week High as Investors Expect Settlement in U.S.

  • VW says diesel emissions fix progress makes trial unneeded
  • Carmaker tells judge a hearing on Thursday will back it up

VW Agrees to Set Aside $10 Billion to Resolve Claims

Volkswagen AG rose to a six-week high after the manufacturer said it expects no need for a U.S. trial in mid-2016 over damages related to rigging diesel-engine control software to dupe emission tests.

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