28-06-2016 12:46 via uk.news.yahoo.com

Volkswagen's U.S. diesel emissions settlement to cost $15 billion - sources

By David Shepardson WASHINGTON (Reuters) - Volkswagen AG's settlement with nearly 500,000 U.S. customers and government regulators over polluting diesel vehicles is valued at more than $15 billion cash (11.24 billion pound), two sources briefed on the matter said on Monday. The settlement, to be announced on Tuesday in Washington, includes $10.033 billion to offer buybacks to owners of about 475,000 polluting vehicles and nearly $5 billion in funds to offset excess diesel emissions and boost inv
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