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US Volkswagen owners affected by Dieselgate could get $5,000 checks

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A settlement between Volkswagen and US regulators could be coming soon, after a judge gave the two sides more time to hammer out an agreement. The two sides have until April 21st — tomorrow — to come to an agreement, and German newspaper Die Welt says a deal has been made.

The settlement would include giving $5,000 to affected US owners, a nearly $3 billion payout, with other conditions likely applied. No details on a timeline or whether the cars would be fixed have been shared. More details should be coming tomorrow.

This is far from the end of the Volkswagen diesel saga, however. The company was recently sued by the US Federal Trade Commission over its long-running "Clean Diesel" advertising campaign amid allegations of false advertising, and it faces lawsuits and regulatory investigations around the world.