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US Judge Approves Massive VW Emissions Settlement


A US judge on Tuesday granted final approval for a $14.7 billion class action settlement in Volkswagen's diesel emissions cheating scandal, the largest such automaker settlement in history.

The buyback deal at the same time also resolved some claims brought by US and California environmental regulators who had sought penalties for Volkswagen's violations of pollution laws.

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Volkswagen car plant: Proposal handed over to company


Volkswagen car ,Eran Wickramaratne ,plant in Kuliyapitiya, Kurunegala

State Enterprise Development Deputy Minister Eran Wickramaratne said today that the process of setting up a Volkswagen car plant in Kuliyapitiya, Kurunegala is moving ahead and the BOI had handed over the concluded proposal to the project company.

He said the next step of the process is to build the plant by the project company. ā€œIā€™m not certain as to how many days it will be but once the plant is completed, the company will start their production,ā€ the minister told the Daily Mirror.

Volkswagen carEran Wickramaratneplant in KuliyapitiyaKurunegala

 

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