«Deselect»: the court approved a settlement agreement with Volkswagen, the US authorities

The Federal district court for the Northern district of California gave its consent to the conclusion of the transaction between the German concern Volkswagen (VW) and the American authorities and owners as part of the settlement «diesel scandal».

This decision was made on January 23, according to DW.

The decision of the judges of Charles Breer it is noted that the parties ‘ agreement is «fair, reasonable and adequate».

The agreement provides for the payment of 652 avtodiler VW in the United States compensation in the amount of 1.2 billion dollars — an average of 1.85 million dollars each. Taking into account additional fees and services the total amount for which the German concern will have to pay the injured party to rise to $ 1.6 billion.

We will remind, in the result, initiated by the authorities of investigation, the U.S. in September of 2015 VW acknowledged that worldwide it sold 11 million vehicles with software that allowed you to manipulate the tests for compliance with diesel engine environmental standards. Pollution from exhaust gases of diesel engines of VW in 40 times exceeded the permissible limits.

The scandal led to a massive feedback of completed cars of concern from the market.

In June of 2016 VW agreed to pay US approximately 15 billion dollars in damages, and 10 January 2017 agreed with the American government’s new payment volume of about 4.3 billion dollars.




«Deselect»: the court approved a settlement agreement with Volkswagen, the US authorities 25.01.2017

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Январь 25th, 2017 by
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