Federal Court decides on the first comparison
Volkswagen is hoping for a first agreement with a US court to deal with the multi-billion dollar impact of diesel affair. The dispute with almost 500,000 motorists could be completed today.
Dusseldorf This Tuesday could for the Volkswagen Group will be an extremely important day in the company's history. A US federal court in San Francisco renegotiated a negotiated in summer compared Proposal for US motorists who had bought a diesel vehicle with manipulated emissions control. In this compromise procedure also environmental authorities and the US Department of Justice were involved.
For this Tuesday US Judge Charles Breyer has scheduled the final final hearing in this month-long comparison process. It is the decision-making power of the judge to terminate the procedure and to make legally. For Volkswagen , it would be extremely important, a first really completed procedures in the United States to be able to show in the diesel affair.
It would be a milestone for the Wolfsburg-based group, because the disputes mainly focus on the United States. The US courts are particularly feared in Europe keep the legal ramifications far limited.
The prospects are good that Volkswagen can at least reach a conclusion in this process. Already the end of June, as the details of this comparison were known, had Justice Breyer argued for a speedy end. He described the compromise agreement reached at the time as "fair, reasonable and sensible".
In detail it comes to compensation for affected almost 500,000 motorists in the US. Volkswagen presents ten billion dollars ready for aggrieved customers. In addition, the Wolfsburg have agreed to build another almost five billion dollars for environmental projects and for building a network of electric charging stations.