Volkswagen has agreed to pay over US$10 billion to settle some claims in the US from its emissions cheating scandal, according to reports.
Most of the money would compensate 482,000 owners of two-litre diesel cars programmed to distort emissions tests.
Owners could receive between US$1,000 and US$7,000, depending on their car's age.
The agreement could still change when it is officially announced.
Lawyers representing car owners, Volkswagen and the US Environmental Protection Agency haven't yet agreed on the steps VW will take to fix the cars.
The company still faces accusations over its three-litre diesel cars, as well as the prospect of hefty fines from US regulators and possible criminal charges.
Check out the ABC news link below...
Volkswagen to pay over $13 billion for US emissions cheating scandal, sources say - ABC News (Australian Broadcasting Corporation)
Volkswagen will pay more than $13.3 billion to settle claims by nearly 500,000 owners stemming from its US diesel emissions cheating scandal, three sources briefed on the agreement say.
