Volkswagen Offered 830-mn-euro Settlement For German Diesel Cases

Umer Jamshaid Published February 14, 2020 | 05:42 PM

Volkswagen offered 830-mn-euro settlement for German diesel cases

Car giant Volkswagen said Friday it had offered 830 million euros ($900 million) to settle a mass lawsuit from German customers over its "dieselgate" emissions cheating scandal

Frankfurt am Main, (UrduPoint / Pakistan Point News - 14th Feb, 2020 ) :car giant Volkswagen said Friday it had offered 830 million Euros ($900 million) to settle a mass lawsuit from German customers over its "dieselgate" emissions cheating scandal.

But the proposed settlement with consumer group VZBV, representing 400,000 plaintiffs in a first-of-its-kind grouped proceeding, "failed" because of "disproportionate" pay demands from the VZBV's lawyers, a VW spokesman added.

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