Deputy Attorney General Sally Yates speaks during a press conference to announce environmental and consumer relief in the Volkswagen litigation at the Department of Justice in Washington, DC, June 28, 2016.
Volkswagen has agreed to pay out $14.7 billion in a settlement with US authorities and car owners over its emissions-cheating diesel-powered cars, court documents showed June 28, 2016.
The settlement filed in federal court calls for the German auto giant to either buy back or fix the cars that tricked pollution tests, and to pay each owner up to $10,000 in cash.
 / AFP / SAUL LOEB        (Photo credit should read SAUL LOEB/AFP/Getty Images)