Volkswagen Reaches $54M ‘Dieselgate’ Settlement With Italian Owners
Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday.
In the settlement, over 60,000 car owners affected by the emissions fraud will be paid up to 1,100 euros each, Italian consumer group Altroconsumo said in a statement.
The scandal rocked the automotive industry in 2015 when it emerged that vehicles had been fitted with illegal software to cheat environmental emissions tests. It has cost the German carmaker more than 32 billion euros ($34.8 billion)in fines, refits and legal costs.
Volkswagen’s Italian arm confirmed the agreement.
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