VW to pay diesel owners up to $7,000, report says

UPDATED: 6/23/16 3:19 pm ET - adds details

Volkswagen will pay owners of its polluting diesel cars up to $7,000, and agree to fund a grant program to offset air pollution, under a $10 billion settlement being negotiated for submission to a federal judge next week, Bloomberg reported, citing people familiar with the talks.

Toyota's new spirit of cooperation

Toyota has left a trail of failed partnerships, from its fling with Tesla Motors to its hybrid-truck venture with Ford. But is Toyota really that

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