Volkswagen on Wednesday said it had agreed with former executives, including ex-CEO Martin Winterkorn, to settle claims related to the dieselgate scandal in a 288 million euro ($351 million) deal. The agreement, which consists mainly of a 270 million euro payment from directors’ and officers’ liability (D&O) insurances, also includes a settlement with former Audi boss Rupert Stadler. It still needs to be approved at the company’s annual general meeting on July 22. Volkswagen in late March said it would claim damages from Winterkorn and Stadler on account of breaches of duty of care under stock corporation law. (full story)