Volkswagen Agrees to $80M Proposed Settlement to Resolve Porsche Emissions Cheating Class Action Lawsuits

As reported by Law360, Volkswagen and Porsche have agreed to pay $80 million to settle claims that they manipulated nearly 500,000 gasoline-powered Porsche vehicles to overstate their advertised fuel economy and obtain fraudulent emissions certifications in an attempt to make them seem more eco-friendly than they actually were.