Thursday, April 21, 2016

Volkswagen will pay $ 5,000 to each customer affected by US souped engines – Yahoo Finance Spain

Volkswagen (London: 0P6N.L – news) <- - google_ad_section_start!> Will pay $ 5,000 to every American who bought one of their vehicles with diesel engine souped as part agreement with the US authorities to avoid prosecution says Thursday’s issue of the newspaper Die Welt.

the Californian judge Charles Breyer of San Francisco (west), had given themselves until Thursday to manufacturer German, US Department of Justice and the authorities of environmental protection to reach agreement on pain of sending the case to court this summer.

according to Die Welt, the agreement does not solve all issues, but provides for compensation of $ 5,000 (4,400 euros) for each owner of the 600,000 vehicles affected in the United States. The cost of the call to review and necessary modifications are carried out by Volkswagen.

“It is rather a kind of protocol agreement, which sets out the broad lines for the coming months, and the it will work again, “he told the German newspaper one of the participants in the negotiations.

the German lawyer Christopher Rother, representing disgruntled customers, told the newspaper that the agreement in the United States will” reference to compensation “in Europe, where the scandal souped diesel engines affect” millions of vehicles. “

the agreement was anticipated this Wednesday by investors, and the stock of Volkswagen ended session with a gain of 6.61% on the Frankfurt Stock Exchange.

tRICK Volkswagen diesel engines 11 million cars worldwide, to make them appear as less polluting than in reality.

at the end of the month is expected to announce a huge group net loss in fiscal year 2015 because of the cost that is assuming the scandal. Shareholders could run out dividend for the first time since the beginning of the 80

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