Cyber-wellness Means Cyber-awareRead more Addressing maternal mental healthcare in AfricaRead more Qatar v. Ecuador to kick off FIFA World Cup 2022™ on 20 NovemberRead more Webb Fontaine Announces Launch of Niger National Single Window (NNSW) to Bolster TradeRead more Ethiopia: Loan from United Nations Fund Allows Food and Agriculture Organization (FAO) to Scale Up Fertilizers for Farmers in TigrayRead more How Choosing the Right Printer Helps Small Businesses and Content Creators to Save Time, Maximise Productivity and Achieve GrowthRead more Eritrea: World Breastfeeding WeekRead more Eritrean community festival in Scandinavian countriesRead more IOM: Uptick in Migrants Heading Home as World Rebounds from COVID-19Read more Network International & Infobip to offer WhatsApp for Business Banking Services to Financial Institution Clients across AfricaRead more

Volkswagen has paid $9.5 bn to US drivers over ‘dieselgate’

Print Friendly and PDF

Jul 28, 2020 - 12:30 PM

WASHINGTON — Volkswagen has paid some $9.5 billion since 2016 to US motorists misled by devices installed by the German automaker to cheat emission standards, the US federal consumer protection authority said Monday.

The international scandal — known as “dieselgate” — has tarnished Volkswagen’s image ever since.

The auto giant admitted in 2015 to cheating emissions tests on 11 million vehicles worldwide. Software built into motors made the cars appear to spew fewer harmful pollutants in the lab than on the road.

Owners of vehicles from VW or Porsche, a subsidiary of the Wolfsburg-based manufacturer, were given a choice between returning their car for compensation or having it modified to comply with clean-air rules.

“More than 86 percent of those who concluded the claims process chose to return their car through a buyback or early lease termination,” the Federal Trade Commission (FTC) said in a statement summarizing its final report on what it calls the “largest consumer redress program in US history.”

The most important thing, the statement added, is that the redress provided was “sufficient to compensate consumers fully.”

Since the scandal broke, Volkswagen has had to deal with numerous legal actions, both criminal and civil.

One of the last major lawsuits expected in Germany is that of former Audi boss Rupert Stadler, who is due to appear in court from September 30.

The total bill for the Volkswagen scandal is expected to exceed 30 billion euros ($35 billion), including the 9.5 billion euros already paid out in the United States to compensate customers.

  • bio
  • twitter
  • facebook
  • latest posts

LMBCBUSINESS.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.