Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday.
In the settlement, over 60,000 car owners affected by the emissions fraud will be paid up to 1,100 euros each, Italian consumer group Altroconsumo said in a statement.
The scandal rocked the automotive industry in 2015 when it emerged that vehicles had been fitted with illegal software to cheat environmental emissions tests. It has cost the German carmaker more than 32 billion euros ($34.8 billion)in fines, refits and legal costs.
Volkswagen’s Italian arm confirmed the agreement.
Related:
- Engine Maker Cummins to Repair 600,000 Ram Trucks in $2B Emissions Cheating Scandal
- VW to Pay $3.5 Million to Resolve Illinois Diesel Lawsuit
- Volkswagen to Get $351M in Dieselgate Settlement With Former Execs
Was this article valuable?
Here are more articles you may enjoy.
Cat Bonds Linked to Wildfires Lose ‘Once Untouchable’ Status 
Truckers Who Fail English Tests Get Pulled Off Roads in Trump Crackdown 
Jump Trading Faces $4 Billion Terraform Administrator Suit 
Poorer Americans Dropped Federal Flood Insurance When Rates Rose 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.