Dutch court awards compensation to owners of rigged Volkswagen cars

(Reuters) – AMSTERDAM, July 14 – On Wednesday, a Dutch court ruled that owners of Volkswagen Group (VOWG p.DE) vehicles with software designed to cheat diesel engine emissions testing were entitled to compensation. The district court in Amsterdam ruled that new Volkswagen, Audi, Seat, and Skoda car buyers should be compensated 3,000 euros ($3,538), while second-hand car owners should be compensated 1,500 euros. According to the court, the payout includes about 150,000 cars sold by dealers targeted in the class action litigation, which the German manufacturer can still challenge. Since admitting to deploying deceptive software to make diesel engines appear cleaner than they were in 2015, Volkswagen has received a slew of settlements and fines. Since the scandal occurred, the business has spent over 32 billion euros on fines, repairs, and legal fees. (1 dollar = 0.8479 euros) Bart Meijer contributed reporting. Hugh Lawson and Mark Potter edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More