Steve Kalafer in WSJ

Volkswagen to Pay More Than $10 Billion to Settle Emissions Claims

Company will pay diesel car owners at least $5,100 on top of buyback or fix

Volkswagen AG is nearing a $10 billion civil settlement, the largest in the auto industry’s history, to compensate U.S. owners of vehicles affected by the German car maker’s emissions-cheating scandal, said people familiar with the matter.
Read more here: http://www.wsj.com/articles/volkswagen-to-pay-more-than-10-billion-to-settle-emissions-claims-1466707647