Tag: limit-the-cost
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VW delayed announcing cheating in hope of striking deal, its lawyers say
By Andreas Cremer and Jan Schwartz BERLIN/HAMBURG (Reuters) – Volkswagen's delay in announcing it had cheated U.S. diesel emission tests was a legitimate move aimed at striking a deal with regulators to limit the cost of the scandal, the carmaker's lawyers said in a report to a German court. The delay has led several shareholders…