Volkswagen AG said Wednesday that former executives including its former chief executive officer would settle claims connected to the car maker's diesel scandal as part of a 288 million-euro($350 million) agreement.
Former Volkswagen CEO Martin Winterkorn and former Audi CEO Rupert Stadler agreed to compensate the car maker in relation to the scandal that erupted in 2015. Mr. Winterkorn agreed to pay 11.2 million euros and Mr. Stadler agreed on compensation of EUR4.1 million. READ MORE