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Sunday, August 7, 2022

Volkswagen To Pay 3000 Euros To Each of These Car owners!

Volkswagen Group said it would appeal a Dutch court order requiring it to compensate owners of cars with software meant to rig diesel engine emissions tests.

Amsterdam District Court’s Verdict

According to the district court in Amsterdam, new Volkswagen, Audi, Seat and Skoda buyers should be compensated 3,000 euros ($3,538), while owners of second-hand cars should get 1,500 euros.

VW said it disagreed with the verdict, the latest in a string of payouts and fines for the carmaker since admitting in 2015 that it had used fraudulent software to make diesel engines appear cleaner than they were.

According to Volkswagen, Dutch car owners have not suffered any economic losses due to the issue.

There has been no loss in their trade value in the Dutch market due to this issue, as confirmed by external valuation experts.”

 Fines And Refits Against Volkswagen

The compensation includes around 150,000 cars sold by dealers targeted in the class action suit, the court said.

Volkswagen has spent more than 32 billion euros on penalties, repairs, and legal fees since the scandal erupted.

Earlier this month, the company registered an appeal against an Italian court order to reimburse consumers who were part of a class-action lawsuit over its rigging of emissions tests.

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