Volkswagen Agrees To Settlement Over Misleading Fuel Economy Claims

Volkswagen has agreed to a $96.5 million settlement to reimburse customers for fuel economy discrepancies in certain 2013-2017 models. The EPA found that Volkswagen used software to manipulate vehicle transmissions, optimizing fuel economy during testing but not in real-world conditions. This discovery was made while investigating a previous scandal where Volkswagen used software to make diesel cars appear cleaner. This scandal has cost the company over $30 billion. The EPA will also require Volkswagen to forfeit emissions credits due to underreporting.

What was the amount of the settlement Volkswagen agreed to for the fuel economy issue?

Which models were affected by the fuel economy ratings adjustment?

How did Volkswagen's software affect the transmission of its vehicles?

What did the EPA discover while investigating Volkswagen?

What has been the financial impact of the emissions scandal on Volkswagen?