Volkswagen to Pay Consumers 830 Million Euros

Volkswagen to Pay Consumers 830 Million Euros

Volkswagen announces agreement with drivers filing 830 billion euros in compensation for manipulation in exhausts. "Volkswagen and the German Federation of Consumer Organizations (VZBV) have agreed to 830m euros in negotiations in connection with collective lawsuits," German automaker Volkswagen said in a statement. The compensation will be shared among approximately 260,000 Volkswagen customers involved in the case. Customers are expected to receive between 1,350 and 6,257 euros, depending on the age and model of their diesel cars. In return, customers will give up future cases. THE HISTORY OF THE CASE In October 2018, the Volkswagen company in Germany was sued by the VZBV and the German Automobile Club (ADAC) on behalf of the drivers for their manipulation in automobile exhausts. While the website was set up for developments regarding the lawsuit, approximately 460 thousand German drivers applied to participate in the case. Volkswagen said on January 2, 2020, that talks were held to negotiate with VZBV, which represents drivers who sue for manipulation in exhausts. The company announced on February 14 that talks on a possible agreement with VZBV were unsuccessful and offered 830m euros directly to drivers who sue for manipulation in exhausts in Germany. The statement cited federal lawyers' requests for 50m euros in attorney fees, as negotiations with the VZBV failed. DIESEL EMISSION SCANDAL The U.S. Environmental Protection Agency announced in September of 2012 that Volkswagen was manipulating emission tests and the company's diesel vehicles polluted the environment 40 times above normal levels. Volkswagen Group, which has brands such as Volkswagen, Audi, Porsche, Bentley, Lamborghini, Seat, Skoda, Bugatti, Scania, and Man, has been busy with the diesel emission scandal for a long time, has paid high penalties to the US and German authorities and had to recall millions of vehicles.