April 20, 2016 / 6:12 PM / 2 years ago

VW to pay U.S. customers $5,000 each to settle dieselgate: Die Welt

BERLIN (Reuters) - Volkswagen has reached a deal with U.S. authorities to settle the case over its cheating of diesel emissions tests that would involve it paying each affected customer $5,000, Germany’s Die Welt newspaper reported on Wednesday.

A traffic light shows red next to the Volkswagen factory in Wolfsburg, Germany, in this November 20, 2015. REUTERS/Ina Fassbender/Files

Citing unidentified sources close to the negotiations, Die Welt said the agreement would be presented on Thursday to Judge Charles Breyer in San Francisco, avoiding a trial that was set to start in the summer.

A U.S. federal judge last month gave Volkswagen and regulators until April 21 to agree on a fix for nearly 600,000 diesel cars on U.S. roads implicated by VW’s emissions test-rigging scandal.

Reporting by Emma Thomasson; Editing by Mark Potter

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