Volkswagen has agreed an €830 million (£698 million) payout to settle a class action lawsuit in Germany relating to the Dieselgate scandal.
The German car giant’s agreement with the Federation of German Consumer Organisations (VZBV) was reached after discussions between the two sides brokered by courts in Braunschweig, where the case had been logged.
The VZBZ organised the class action for German buyers of Volkswagen Group vehicles fitted with the ‘defeat device’ that enabled the machines to beat emissions tests. It is estimated that around 260,000 members of the class action will be eligible for a share in the payout. The amount each will receive will range from €1350 to €6257 (£1140 to £5300), depending on the age and model of their car.
To date, the scandal, which broke in 2015, has cost VW more than £25 billion in fines and costs. The VW Group previously reached settlements with American and Australian owners, and had previously said it would defend European claims, citing different regulations that it says it did not breach.
Volkswagen still faces a number of class action suits in other countries, including the UK, where court proceedings began late last year.
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Meanwhile in an alternative universe
Sheeple still buy these by the boatload and media outlets such as this give them fantastic reviews instead of taking them to task.
Britain next
Now then, let's see how much
seljon wrote:
This is the real issue for me, here in the UK. Why do owners need compensating anyway? They got away with paying less tax for years, and have the resale values really been affected that much?
A few months.
When leaving the Eu becomes noticeable, foreign cars will get dearer to fix because import duty will be higher and the extra costs will passed on to the customer, what the UK settles for is debatable, it should be the same for all no matter where the car was sold on the Planet.