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VW announces settlement details

VW settlement details

$15.3BThe amount Volkswagen will spend to settle consumer lawsuits and government allegations on its diesel vehicle cheating scandal.$10BThe amount VW will pay affected diesel vehicle owners. VW will either buy back or repair the vehicles and will also pay owners an additional $5,100 to $10,000 based on their vehicle.475,000The number of affected VW and Audi vehicles in the U.S.July 26The date of the hearing for settlement approval before U.S. District Judge Charles Breyer. Final approval is expected in October.