VW, Daimler agree to pay for diesel retrofits in Germany

Volkswagen and Daimler have agreed to spend up to 3,000 euros ($3,430) per vehicle to help reduce diesel emissions as the government and industry respond to driving bans in major cities, Germany’s Transport Minister said.

While Andreas Scheuer and car bosses were discussing a deal on anti-pollution measures in a five-hour meeting on Thursday, a court ruled that two more German cities, Cologne and Bonn, must impose bans on older diesel vehicles.