Volkswagen.

• Author: Anderson, Tasha
• Position: Inside Alaska Business

The Alaska Department of Law joined thirty-seven states in a settlement requiring Volkswagen to pay more than $570 million for marketing, selling, and leasing diesel vehicles equipped with illegal software to beat emissions tests. Alaska will receive $2.5 million under the settlement, based on the number of vehicles sold in the state: 1,245 affected Volkswagen and Audi 2.0-liter diesel vehicles.

Under separate class action and federal settlements, Volkswagen is on the hook for up to $10 billion to consumers. Volkswagen is required to implement a restitution and recall program for more than 475,000 owners and lessees of 2.0...