VW faces reforms, oversight for three years under U.S. settlement

VW faces reforms, oversight for three years under U.S. settlement
12-Jan-2017 04:25 BUSINESSNEWS

WASHINGTON (Reuters) - Volkswagen AG, as part of a $4.3 billion settlement with U.S. regulators, on Wednesday agreed to sweeping reforms, new audits and oversight by an independent monitor for three years to resolve diesel emissions cheating investigations.