Exhaust scandal at Volkswagen: US court approves billion compared with VW – Tagesspiegel

Volkswagen has received in the dispute over manipulated emission levels for the time being the green light from the competent court for a billion-compared with US plaintiffs. Judge Charles Breyer, in which hundreds of US civil actions are bundled, announced on Tuesday its preliminary approval to the proposed compromise. There were a fair and reasonable solution, Breyer was at a court hearing in San Francisco.

The Wolfsburg-based group had with customers and US authorities on a comparison of up to 14.7 billion dollars (currently 13.4 billion euros) agreed. Upon payment of the civil actions in the United States shall be resolved, without causing the process. Justice Breyer expressed satisfaction after the nearly two-hour hearing in which the parties had to explain in detail the proposed agreement. There are “enormous efforts” have been made to find a solution

VW agrees to pay aggrieved customers as compensation between 5100 and up to nearly $ 10,000 per vehicle -. Depending on the model type and year. The Group also repurchase or conversion of diesel cars has to offer in a lawful state. Overall, VW plans to spend more than ten billion dollars for compensation. An additional 4.7 billion dollars due to an environmental fund and promote zero-emission cars.

“Volkswagen knows the constructive efforts of all parties, headed by Justice Breyer [...] greatly appreciated”, said the Group with. It is convinced that the intended settlement program constitutes a fair, responsible and proper solution to the affected customers.

Until compensation flow, something it will however take. First, the customers have 45 days to decide whether to accept the settlement offer. A hearing in which is found on the final approval of the court, sat Breyer on for 18 October. The compromise initially includes about 480,000 affected by exhaust scandal diesel cars by the VW group with 2.0-liter engines.

With around 85,000 vehicles with larger engines agreement is still pending. The next court date on August 25. Expects Judge Breyer more details on the issue of whether and how the larger diesel cars can be retrofitted with illegal programs for emissions control. VW attorney Robert Giuffra was confident that by then a solution is found. Also the Group’s perspective located to be “on track”.

Lower Saxony Prime Minister Stephen Weil was relieved about the approval of the court. This was “another milestone achieved in the work-up of diesel-gate”, the SPD politician and VW board said on Tuesday in Hanover. “Now we hope that as many of the plaintive VW customers will accept the settlement in the United States.” The state of Lower Saxony is the second largest shareholder in Volkswagen. (AP)