VW Said to Pay Diesel Owners Up to $7,000, Fund Air Grants

  • Plan to be submitted to U.S. district court judge on June 28
  • Terms to settle lawsuits after cheating on emission tests

VW Agreement Said to Pay Diesel Owners up to $7,000

Volkswagen AG will pay owners of its polluting diesel cars as much as $7,000 each and agree to fund a program to offset air pollution, under a $10 billion settlement being negotiated for submission to a federal judge next week, said people familiar with the talks.

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