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Thursday, October 29, 2026Oct 29

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The Latest: Volkswagen settlement to be announced

SAN FRANCISCO (AP) – The Latest on the settlement of environmental and consumer claims against Volkswagen over its emissions-cheating scandal (all times local):

7:55 a.m.

A federal court in San Francisco is soon expected to announce the details of Volkswagen’s $14.7 billion settlement of claims related to its emissions-rigging scandal.

U.S. owners of cars with 2-liter diesel engines can choose to either sell their car back to VW or get a repair. They each will also receive compensation of $5,100 to $10,000, according to a person briefed on the settlement talks.

The settlement also includes $2.7 billion for environmental mitigation and another $2 billion for research on zero-emissions technology, the person said.