Volkswagen Reaches $15.3 billion Settlement With DoJ Volkswagen announced today that it reached a $15.3 billion settlement with the United States Department of Justice to resolve civil claims regarding the US diesel issue. Lansdowne Partners Discloses New Shorts; Sees Massive Disruption Coming In Autos Broken down, $10 billion of the total will be paid out in compensation to 2.0L diesel vehicle owners of which there are around 0.5 million. A further $2.7 billion will be paid into a remediation fund, and another $2 billion will be made available for investment in initiatives to promote zero-emissions vehicles. $0.6 billion will be…
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
