Volkswagen agrees to Australian settlement over diesel cheating

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Volkswagen agrees to Australian settlement over diesel cheating
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Volkswagen said on Monday it had agreed to pay up to A$127 million ($87.3 millio...

) said on Monday it had agreed to pay up to A$127 million to settle lawsuits brought on behalf of thousands of Australian customers caught up in its global diesel emissions cheating scandal.

The German automaker said it would pay about A$1,400 each to owners of affected Volkswagen, Audi and Skoda EA189 diesel vehicles who opted into the lawsuit. As part of the settlement, which was agreed on a “no-admissions basis”, Volkswagen will pay the legal costs of the claimants who filed several class-action lawsuits.

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