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Volkswagen to Pay Dealers $1.2 Billion in Emissions Cheating

Volkswagen has agreed to pay its U.S. dealers up to $1.2 billion to compensate them for losses they said they suffered as a result of the company’s emissions cheating scandal, according to a settlement agreement filed Friday in federal court in San Francisco. Under the terms of the deal, dealers can opt out and pursue their own lawsuits against Volkswagen. A judge must to approve the settlement before it can go into effect. Volkswagen previously reached an agreement with attorneys for...

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