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VW pleads guilty to 3 felonies and will pay $4.3 billion relating to emissions scandal

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On Wednesday, Volkswagen announced that it will to plead guilty to three felonies as part of its settlement with the US government stemming from the company’s emissions cheating scandal.

In addition to the guilty pleas, VW will pay penalties and fines totaling $4.3 billion as well as ” strengthen its compliance and control systems, including the appointment of an independent monitor for a period of three years.” – READ MORE

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