A U.s. federal judge approved on Tuesday a settlement record of$ 14.700 million between Volkswagen AG and regulators and owners of 475,000 automobiles diesel pollutants, after which the German carmaker said that it would begin to repurchase the vehicles in question in mid-November.
it Is one of the corporate agreements, larger of any kind. The action of the judge in the district of San Francisco, Charles Breyer mark the latest chapter in a scandal that has affected VW since the firm admitted in September, 2015 who used a software in the drives diesel to manipulate emissions testing, and to make their cars seem less contaminants.
Hinrich Woebcken, president and ceo of Volkswagen Group of America Inc, qualified to the final approval of the settlement announced first in June “an important milestone in our journey to make things right in the united States” and promised to comply with the terms “perfect as possible”.
Volkswagen has agreed to spend US$ 10.033 million in repurchase of cars and compensation to owners and to allocate US$ 4.700 million to programs to compensate for the excess emissions and boost infrastructure to create cars non-polluting, among other projects linked to the environment.
the affected vehicles emit up to 40 times more than the levels of pollution allowed. Volkswagen also can repair the cars if regulators approve the amendment.
it Is the civil settlement, the largest of the history in all the world for a automotive for misconduct and fraud to vehicle owners.
In total, VW agreed until the time to spend$ 16.500 million in connection with his scandal of emissions, including payments to operators, states, and attorneys for the owners. The scandal was complicated by the business of the automotive at the global level, since that damaged his reputation and led to the departure of its chief executive.
The second automaker in the world still faces billions of dollars more in other costs 85,000 vehicles contaminants and fines from the Department of Justice of the united States for violating laws on environmental protection. Also faces trials in at least 16 states for additional charges that could trigger the general costs of the company.
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