Volkswagen Reaches Proposed Settlement Over Faulty Emissions in Half Million Cars in U.S.
Volkswagen agreed (on Thursday, April 21, 2016), to repair or buy back nearly 500,000 diesel cars in the United States that are equipped with illegal emissions software. Following the filing of class action lawsuits from thousands of disgruntled car buyers of certain models that were affected, the once largest car maker in the world, VW, reached a proposed settlement in San Francisco federal court with the federal government as well as with lawyers for the…