Automotive: Judge approves emissions-cheating settlement for 3-liter VWs

Rodiano Bonacci
Mag 12, 2017

A federal judge has approved a settlement between Volkswagen and its customers that will see the automaker pay at least $1.22 billion to fix or buy back 3.0-liter diesel vehicles as part of the company's emissions-cheating scandal. Breyer also approved a settlement involving Robert Bosch GmbH in which the German firm will pay $327.5 million to American VW owners for its role in developing the engines at the center of the emissions cheating.

Judge Charles Breyer gave the deal final approval during a hearing Thursday.

Under the VW settlement that must be approved by a USA judge, owners of 3.0 liter vehicles who opt for fixes will get compensation of between $7,000 and $16,000 from Volkswagen if emissions fixes are approved in a timely fashion.

In October, the court endorsed a record-setting $15 billion compensation deal that covered the approximately 480,000 2.0-liter Volkswagen diesel cars also equipped with software created to defeat emissions tests.

Those who own newer cars will get compensation of $7,039 to $16,114. If Volkswagen can't fix the newer cars, then the owners' attorneys can return to court to seek buybacks. The deal ends most of the litigation over VW's cheating scandal, which became public in 2015.

Volkswagen earlier agreed to a settlement worth up to $14.7 billion and offered to buyback 475,000 2.0-liter polluting vehicles that emitted up to 40 times legally allowable emissions.

Breyer is also considering whether to grant final approval to the German auto supplier's separate agreement to pay $327.5 million to USA diesel VW owners for its alleged role in developing the engines.

Owners can go to www.VWCourtSettlement.com and www.BoschVWSettlement.com for details on the agreements and how to apply for the benefits.

The development brought the scandal-plagued German auto giant a step nearer to closing the book on the "dieselgate" affair, which rocked the company for almost two years since it admitted configuring some 11 million cars worldwide to evade emissions testing.

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