Moody's: VW closer to putting Dieselgate in rear-view mirror after US, Canada settlements
Frankfurt am Main, December 23, 2016-- Volkswagen Aktiengesellschaft is a step closer to resolving its ongoing emissions crisis after reaching settlements in both the US and Canada, says Moody's Investors Service in a comment published today. VW reached remediation and compensation agreements with the Canadian class counsel and the US authorities on 19 and 20 December, respectively. Since these announcements were not followed by an increase in the provision already booked...
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