Days after federal authorities arrested a Volkswagen executive in connection with the company’s ongoing “Dieselgate” scandal, the carmaker says it has reached a $4.3 billion settlement to resolve allegations of criminal wrongdoing. [More]
Closing the door
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Regulators Close Investigation Into Ford Door Latch Issues
More than a year after opening a probe into why the door latches on certain Ford vehicles refused to stay shut, the National Highway Traffic Safety Administration closed the door (horrible pun) on the investigation after determining a recall initiated by the carmaker fixed the problem. [More]