Volkswagen has incurred about $30 billion in expenses since the dieselgate in 2015. Photo: ReutersNew York State Supreme Court , Manhattan: Volkswagen AG’s US unit agreed to settle a lawsuit over the company’s marketing of clean emissions vehicles, resolving a fight over consumer fraud claims days before it was scheduled to go to trial. The trial was to begin 26 February Volkswagen Group of America Inc. is based in Herndon, Virginia. Through an intermediary, Volkswagen funded research on the effects of the vehicles’ emissions on laboratory monkeys, according to a segment on the first episode of the Netflix series Dirty Money. Volkswagen said it couldn’t defend the consumer fraud lawsuits “in an atmosphere in which pretrial publicity has connected it directly with Hitler and the Holocaust and other horrors counsel has alleged”.

Source: Mint February 25, 2018 05:03 UTC