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Volkswagen has reached a deal with U.S. authorities to settle the case over its cheating of diesel emissions tests that would involve it paying each affected customer $5,000, Germany's Die Welt newspaper reported today.

Citing unidentified sources close to the negotiations, Die Welt said the agreement would be presented on Thursday to Judge Charles Breyer in San Francisco, avoiding a trial.

Volkswagen declined to comment.

And separately, Volkswagen U.S. officials have reached the framework of a deal to remedy problems caused by hundreds of thousands of vehicles that are emitting up to 40 times legally allowable pollution, two sources told Reuters today. 



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Volkswagen Agrees To Pay Each Affected Diesel Owner $5000 In Damages

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