VW Said to Pay Diesel Owners Up to $7,000, Fund Air GrantsJeff Plungis, Alan Katz, John Lippert and Christoph Rauwald
Plan to be submitted to U.S. district court judge on June 28
Terms to settle lawsuits after cheating on emission tests
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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