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Volkswagen has negotiated a concrete draft of a criminal and civil settlement worth $4.3 billion with the U.S. Justice Department and said the impact of the accord on its 2016 financial results cannot yet be defined.

Volkswagen said final conclusion of the settlement is still subject to approval by the carmaker's management and supervisory boards, adding the two bodies will address the matter still late on Tuesday or on Wednesday.



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Volkswagen Hammers Out Guilty Plea And $4.3 Billion Settlement For Criminal Wrongdoing

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