GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Headlines

Judge Blesses $1 Bn Compensation Deal In VW Diesel Case

May 11, 2017
in Headlines
Share on FacebookShare on Twitter

A federal judge in California on Thursday said he would approve a $1.2 billion settlement between Volkswagen and the US authorities over the last 80,000 cars in the company’s emissions-cheating scandal.

You Might Also Like

Ghanaian Can Travel to South Africa Visa-Free

2019 – the Biggest Year yet for Ghanaian Tourism

Three Britons On Trial In Singapore Accused of Gang-Raping Drunk Woman

The development brought the scandal-plagued German auto giant a step nearer to closing the book on the ‘dieselgate’ affair, which rocked the company for nearly two years since it admitted configuring some 11 million cars worldwide to evade emissions testing.

US District Judge Charles Breyer in San Francisco said Thursday that he expected to issue an order granting approval for the deal, which would apply to 2009-2016 3.0-liter diesel models including Porsche and Audi vehicles equipped with software designed to defeat emissions tests.

The settlement amount will cover buyback, repair and canceled leases for the affected models, as well as $225 million for a fund to mitigate pollution.

The 3.0-liter settlement brings the total amount the company must pay in the dieselgate matter in North America to more than $22 billion.

In October, the court endorsed a record-setting $15 billion compensation deal that covered the approximately 480,000 2.0-liter Volkswagen diesel cars also equipped with software designed to defeat emissions tests.

In a separate criminal case, Volkswagen was ordered to pay a $2.8 billion fine over the emissions cheating last month.

The company said Thursday it welcomed Breyer’s decision to approve the agreement.

“This marks an important milestone for Volkswagen and means that a resolution is available to all of our customers with eligible vehicles in the United States,” it said in a statement.

The lead attorney for consumer plaintiffs, Elizabeth Cabraser, praised the deal for compensating consumers and keeping polluting vehicles off the road.

“We believe the substantial compensation and steps to repair or remove polluting cars from the roads detailed in the settlements provide excellent value to consumers” and hold Volkswagen to account, she said in a statement.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: AudiAuto & Truck Manufacturers - NECAutomobiles & Multi Utility VehiclesBiologyBusiness_FinanceCaliforniaCharles BreyerDistrict JudgeElizabeth CabraserEmission standardsenvironmentfederal judgegermanylead attorneyNatural environmentNorth AmericaPorscheSan FranciscoStates of GermanyTechnology_InternetUN CourtUnited StatesUnited States Environmental Protection AgencyVolkswagenVolkswagen emissions scandalVolkswagen Group

Related News

Ghanaian Can Travel to South Africa Visa-Free

by
July 10, 2019
0

Citizens of Ghana no longer need a visa to travel to South Africa. This is because the South African Government...

2019 – the Biggest Year yet for Ghanaian Tourism

by
January 24, 2019
0

2018 was a good year for tourism in Ghana with more than GH₵5.8 billion spent in the country's travel and...

Three Britons On Trial In Singapore Accused of Gang-Raping Drunk Woman

by
August 1, 2017
0

Three British men have gone on trial in Singapore today accused of gang-raping a 23-year-old woman while visiting the city-state...

Pakistani Taliban Launches Women’s Magazine

by
August 1, 2017
0

The Pakistani Taliban on Tuesday released the first edition of a magazine for women, apparently aiming to convince its target...

Next Post

Government Will Protect All Its Citizens' Abroad

NDC MPs To Push For A Bi-Partisan Probe Into Otiko, Naabu's Spat

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com