Volkswagen agrees to pay $69 million to settle New Jersey emissions suits


WASHINGTON (Reuters) – Volkswagen AG (VOWG_p.DE) confirmed Tuesday it has agreed to pay $69 million to settle New Jersey state diesel emissions claims, one of the last major outstanding diesel legal issues the German automaker faces in the United States.

FILE PHOTO – A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam/File Photo

VW has previously agreed to spend more than $750 million to resolve various state environmental and consumer claims. In total, VW has agreed to spend up to $25 billion in the United States to address claims from owners, environmental regulators, states and dealers and offered to buy back about 500,000 polluting U.S. vehicles.

Reporting by David Shepardson; Editing by Chizu Nomiyama

Our Standards:The Thomson Reuters Trust Principles.

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