Tuesday, June 28, 2016

UPDATE 6-VW agrees to buy back diesel vehicles, fund clean air efforts

WASHINGTON, June 28 (Reuters) - German automaker Volkswagen

AG will pay as much as $15.3 billion after admitting

it cheated on U.S. diesel emissions tests for years, agreeing to

buy back vehicles from consumers and provide funding that could

benefit makers of cleaner technologies.

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