Volkswagen Said to Face $15B Tab in U.S. Settlement

Volkswagen Said to Face $15B Tab in U.S. Settlement

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Business, Social Studies, Architecture

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Hard

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Volkswagen faces a $15 billion settlement in the US, which includes $10 billion for buybacks and compensation, and $4.7 billion for remediation and EPA fines. Owners may receive up to $10,000 each. Despite a smaller US market share, Volkswagen aims to maintain its customer base. Legal investigations continue, indicating ongoing challenges for the company.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it important for Volkswagen to get the payment right according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What ongoing legal issues does Volkswagen face as mentioned in the text?

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