Volkswagen Will Pay More than $15 Billion in Largest Auto Settlement in U.S History
For years, German auto manufacturer Volkswagen knowingly misled its customers about the fuel efficiency of its TDI “clean diesel” vehicles. On Tuesday, 6/28 it was announced that VW will pay more than $15 billion to the U.S Justice Department in what is being called the largest auto-related settlement in U.S. history. A majority of this …