Volkswagen has agreed to pay U.S. diesel owners a lump sum of $5,000 and, if Reuters is correct, buy back as many as 600,000 vehicles. There is no word about Canada. After many months of deliberation and confusion it looks like an agreement between Volkswagen and the federal prosecutors is near, as a Reuters Report cites German newspaper Die Welt, saying VW has agreed with U.S. authorities to pay each affected owner $5,000. Just this alone represents billions of U.S. greenbacks and does not address claims in Europe or the rest of the world.
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