HAMBURG, Germany (Reuters) – Volkswagen (DE 🙂 and a large German consumer group have reached an agreement in a class action lawsuit regarding the car manufacturer's diesel emission tests, a court in the northern city of Braunschweig said on Friday.
The umbrella organization of consumer groups VZBV and the company have reached a comprehensive agreement, the court said without going into more detail.
The parties will announce details at 1:00 p.m. local time (1200 GMT), the court added.
VW admitted using illegal software in 2015 to defraud U.S. diesel engine tests. This scandal has cost more than $ 30 billion in vehicle overhauls, fines, and provisions.
Almost all U.S. owners of affected cars agreed to participate in a $ 25 billion agreement in the U.S. in 2016. According to VW, however, there was no legal basis for consumers in Germany to apply for compensation due to legal differences.
A first attempt to reach an agreement with the VZBV for 830 million euros failed this month. VW blamed the demand from lawyers in consumer groups for fees of 50 million euros.
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