Volkswagen has now agreed to pay the biggest settlement penalty for a car maker in US history as part of its penance for trying to cheat US emissions tests. The company will pay a total of $4.3 billion to the US Justice Department as part of its punishment.
The deal is the final part of the car company’s settlement of the massive scandal that first came to light in 2015, when the company admitted that it used special software to create false emissions readings in millions of its diesel vehicles. In reality, those cars were generating 35 times the legal level of nitrogen oxide.
In addition to the massive fine, VW will also plead guilty to three criminal charges related to this scandal. It will also be required to work with an independent monitor for the next three years to make sure something like this does not happen again. A US grand jury has rendered indictments for six of the car company’s executives and employees, and more of VW’s workers could also face charges in the future.
Since the scandal broke, the company has stepped up plans to produce its own electric cars. It has announced it will being making EV cars in the US by the year 2020.