VW diesel settlement blames managers below board level

Newswire

FRANKFURT, Jan 11 (Reuters) - Volkswagen agreed a $4.3 billion settlement to resolve the U.S. government's civil and criminal investigations into its diesel emissions cheating on Wednesday, which singled out six senior managers below board level, an attorney and other VW employees for their role in a decade of emissions deception. VW pleaded guilty to three felonies: conspiracy to commit fraud and violate the Clean Air Act, obstruction of justice and entry of goods by false ...

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