Volkswagen agrees to Australian settlement over diesel cheating

Canada News News

Volkswagen agrees to Australian settlement over diesel cheating
Canada Latest News,Canada Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Volkswagen said on Monday it had agreed to pay up to A$127 million ($87.3 millio...

) said on Monday it had agreed to pay up to A$127 million to settle lawsuits brought on behalf of thousands of Australian customers caught up in its global diesel emissions cheating scandal.

The German automaker said it would pay about A$1,400 each to owners of affected Volkswagen, Audi and Skoda EA189 diesel vehicles who opted into the lawsuit. As part of the settlement, which was agreed on a “no-admissions basis”, Volkswagen will pay the legal costs of the claimants who filed several class-action lawsuits.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Porsche is small but highly lucrativePorsche is small but highly lucrativeSome smaller VW shareholders think it's time to reclaim Porsche as a stand-alone business
Read more »

Germany's car watchdog sets Audi ultimatum to remove illegal diesel software: reportGermany's car watchdog sets Audi ultimatum to remove illegal diesel software: reportGermany's motor vehicle authority (KBA) has told Volkswagen's premium ...
Read more »

Opioid maker Purdue Pharma files for bankruptcy as part of settlementOpioid maker Purdue Pharma files for bankruptcy as part of settlementPurdue Pharmaceuticals, the company that made billions selling the prescription painkiller OxyContin has filed for bankruptcy days after reaching a tentative...
Read more »

Israel's Netanyahu sharpens focus on settlements, two days before ballotIsrael's Netanyahu sharpens focus on settlements, two days before ballotIsraeli Prime Minister Benjamin Netanyahu stepped up a bid for far-right votes t...
Read more »



Render Time: 2025-03-20 04:13:33