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Too much gas used: VW pays almost $ 100 million to US car owners

2019-08-31T07:37:22.100Z


Volkswagen transfer almost $ 100 million to US car owners due to incorrect information on gasoline consumption. The corporation agreed to a settlement after the EPA environmental agency heavily charged it.



High fuel consumption suffers the environment - and the wallet. And because VW had styled the information of numerous cars for fuel consumption of the US Environmental Protection Agency EPA according to a software, the Wolfsburg group in the US now has to pay a lot of money.

With plaintive vehicle owners and the US Environmental Protection Agency (EPA), Volkswagen has come to an agreement in the dispute over alleged misstatements about the fuel consumption of cars of its brands Audi, Bentley, Porsche and Volkswagen. If the settlement by the competent US court to be approved, VW would pay around 96.5 million dollars, as shown by court documents.

Information corrected at 98,000 vehicles

Affected customers are expected to receive between $ 5.4 and $ 24.3 in compensation each month they owned or leased a car. US judge Charles Breyer is due to decide at a hearing in San Francisco on September 13 whether he will tentatively approve the compromise.

With the comparison, Volkswagen is facing another legal dispute. Unlike other methods, this is not about the manipulation of diesel engines to meet emissions standards, but gasoline. VW has had to postpone large sums of money for consumer and investor suits, and some executives are charged with fraud in criminal courts.

The reparation of the exhaust gas scandal has cost the Wolfsburg-based company alone in the US the equivalent of more than 25 billion euros. Including fines in Germany and other provisions, the costs now amount to more than 30 billion euros. Before the Higher Regional Court of Braunschweig, on October 21, a model process for the claims of shareholders is to be continued.

For the now closed comparison VW wrote that thereby no confession of guilt was connected. A misconduct will not be granted.

However, the EPA ordered that fuel consumption data for around 98,000 2013-2017 models be corrected. Because the emission of pollutants was also softened with software, carbon credits would also be revoked, according to the authorities.

According to a report of "Bild am Sonntag" 2016, the Californian environmental agency Carb had suspected the VW subsidiary Audi of the use of another illegal exhaust gas technology. The further investigations would then have shown irregularities of the fuel balances, it is said in the comparison request.

Source: spiegel

All business articles on 2019-08-31

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