Volkswagen settles emissions scandal

Volkswagen and 650 of its dealers announced Thursday that they have agreed to settle a court case filed by dealers seeking compensation for losses caused by the carmaker’s diesel-emissions scandal.

The case stems from the manufacturer’s 2015 admission that 11 million Volkswagen “clean diesel” vehicles worldwide had software designed to get around emissions tests. American VW dealers are prohibited by U.S. regulators from selling the cars, a ban that has lasted almost a year.

The carmaker will buy back unfixable used vehicles under the same terms as a buy-back plan for consumers and independent dealers, lawyers for the dealerships said in a Wire Services