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VW Judge Clears U.S. Drivers’ $1 Billion Deal on Diesel Cheating

Feb. 15, 2017, 1:44 PM

Volkswagen AG won a U.S. judge’s preliminary sign-off on its $1 billion settlement with about 78,000 drivers of premium diesel Audis, VWs and Porsches over the carmaker’s emissions-cheating scandal.

On Feb. 14, U.S. District Judge Charles Breyer set a May 11 hearing to consider final approval of a deal that resolves the last major U.S. consumer lawsuit facing the German company. The accord also covers claims against technology provider Robert Bosch GmbH.

The agreement requires Volkswagen to compensate owners of 3-liter diesel engine vehicles, fix about 58,000 cars and buy back as many as 20,000 Touareg and Audi Q7 sport ...