Volkswagen to pay $15 billion to settle cheating scandal

By Aleesia Forni

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Volkswagen will pay up to $15 billion to settle consumer lawsuits and federal allegations stemming from its September admission that it cheated on U.S. emissions tests. As part of the settlements, Volkswagen, who also owns Porsche and Audi, will direct more than $115 million to New York for environmental projects to improve New York’s air…

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About the author

Aleesia Forni
Aleesia Forni covers transportation, tourism, nonprofits and residential real estate for the Westchester County Business Journal. She previously worked as a financial reporter for the online newsletter Prospect News. She started with the Westchester County Business Journal in April 2016.

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