E&W's Doug Parker Offers Perspective on Volkswagen's $14.7B Emissions Cheating Settlement
3 Takeaways From VW’s $14.7B Emissions Cheating Deal By Juan Carlos Rodriguez Law360, New York (June 28, 2016, 8:31 PM ET) Volkswagen AG’s $14.7 billion deal to settle some claims stemming from its emissions cheating scandal is a landmark achievement for the federal government and will reverberate throughout the auto industry. But the pact announced Tuesday is just the first step in VW’s bid to put the matter in its rearview mirror, with some civil matters left unresolved and criminal charges potentially waiting in the wings. The Volkswagen deal is the latest — and by far the biggest — in a string of bigticket settlements the federal government has obtained from automakers. (Credit: AP) Consumers and the public are the big winners, with a $10 billion buyback or fix program and $4.7
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