VW Said to Pay Diesel Owners Up to $7,000, Fund Clean-Air Grants
Volkswagen AG will pay owners of its polluting diesel cars up to $7,000, and agree to fund a grant program to offset air pollution, under a $10 billion settlement being negotiated for submission to a federal judge next week, people familiar with the talks said. VW will provide cash payments worth between $1,000 and $7,000, depending on the vehicle’s age and other factors, to compensate …