Volkswagen in talks to settle German dieselgate mass lawsuit
Topics: VOLKSWAGEN GERMAN DIESELGATE
"Volkswagen and the Federation of German Consumer Organisations (VZBV) have agreed to enter into discussions regarding a possible settlement," the company said in a statement.
Both VW and the VZBV said while "discussions are at a very early stage, and there is no guarantee" of a settlement, they hoped to find a "pragmatic solution for the benefit of the customer".
Around 400,000 diesel owners have joined a mass lawsuit against Volkswagen over the group's 2011 admission to emissions cheating affecting 11 million vehicles worldwide.
VW and subsidiaries built so-called "defeat devices" into engine control software, designed to make them appear less polluting in the lab than in real driving conditions.
The fallout from the so-called "dieselgate" fraud has cost the company over 30 billion euros ($33.6 billion). ■