Judge blesses $1 billion compensation deal in VW diesel case - News Summed Up

Judge blesses $1 billion compensation deal in VW diesel case


A federal judge in California on Thursday said he would approve a $1.2 billion settlement between Volkswagen and the US authorities over the last 80,000 cars in the company's emissions-cheating scandal. The 3.0-liter settlement brings the total amount the company must pay in the dieselgate matter in North America to more than $22 billion. In October, the court endorsed a record-setting $15 billion compensation deal that covered the approximately 480,000 2.0-liter Volkswagen diesel cars also equipped with software designed to defeat emissions tests. In a separate criminal case, Volkswagen was ordered to pay a $2.8 billion fine over the emissions cheating last month. The lead attorney for consumer plaintiffs, Elizabeth Cabraser, praised the deal for compensating consumers and keeping polluting vehicles off the road.


Source: The Local May 12, 2017 06:45 UTC



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