VW to pay up to 14.7 billion dollars in US emissions settlement

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New York (dpa) – Volkswagen has agreed to pay as much as 14.7 billion dollars for buybacks, damages and penalties in the US resulting from the carmaker’s emissions scandal, a document filed at a San Francisco court by prosecutors showed Tuesday. The German carmaker said it would buy back or retrofit about 480,000 2-liter diesel vehicles…