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Volkswagen Pleads Guilty to Emissions Cheating

Volkswagen on Friday pleaded guilty to knowingly cheating on their diesel vehicles’ emission levels, misleading U.S. regulators who investigated the matter. According to Bloomberg, “VW entered the formal plea in Detroit federal court Friday as it agreed to do two months ago as part of a $4.3 billion deal to settle claims over the emissions scandal. Under the agreement with the U.S. government, VW would pay a $2.8 billion fine and $1.5 billion in civil penalties.” The German carmaker’s sentencing in U.S. court will not take place until April 21.