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Volkswagen Said to Be Close to Settling Justice Inquiry Into Emissions

Jan 06, 2017 - The New York Times

Volkswagen is close to resolving a federal criminal investigation into its cheating on diesel emissions tests for more than $2 billion, according to three people briefed on the negotiations.

The settlement could come as early as next week, barring any last-minute hiccups, those people said. The German automaker is eager to put the Justice Department investigation behind it before President-elect Donald J. Trump is sworn in on Jan. 20, according to two others familiar with the company's pos...