German car giant Volkswagen (VW) will admit guilt and pay a record $4.3bn in fines to settle a diesel emissions cheating scandal, according to US officials.
The US justice department also charged six VW executives for their roles in the conspiracy, five of whom are believed to be in Germany while one was arrested in Miami on Saturday.
The penalty is the largest ever for a car company in US history
The action stems from the discovery that VW had rigged their diesel cars to perform differently during smog tests so that they would pass them, but switch in to a higher pollution mode during regular driving.
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