Volkswagen agreed on refund, after 5 years

21 / 04 / 2020
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Volkswagen has agreed with 200,000 out of 260,000 claimants after long-running legal disputes over modifications to diesel engines to pass emissions tests. The group request was submitted by the German group VZBV. Another 21,000 cases were still being checked for possible payments of € 1,350-6,250 per car, and the deadline for participating in the settlement was extended to April 30, VW adds. The exact amount of compensation will depend on the age and model of the car owner.

The agreement is another step in German manufacturers’ efforts to make changes after it allowed the use of illegal software to cheat diesel engine tests in the US in 2015.

Volkswagen is estimated to pay a total of € 620 million while allocating € 830 million to cover the settlement costs of all participants in the VZBV share. The world’s largest car manufacturer had to set aside more than $ 30 billion in vehicle compensation, fines and reserves related to the case.

Volkswagen reached a court in the United States four years ago, settling with car owners when it reached a $ 25 billion settlement agreement in 2016. However, VW stated that in Germany there was no legal basis for consumers to seek redress due to legal differences.

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