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Ford Motor Co. CEO and President Alan Mulally (right) reflects on his many accomplishments during his time spent with Ford, as Chairman Bill Ford Jr. listens, during the company's annual shareholders meeting in Wilmington, Del., Thursday. Mulally will retire on July 1. (AP Photo/Emily Varisco)
DETROIT: Volkswagen will spend more than $15 billion to settle consumer lawsuits and government allegations that it cheated on emissions tests in what lawyers are calling the largest auto-related class-action settlement in U.S. history.