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A class action was brought on behalf of some 91,000 claimants in England and Wales but Volkswagen settled out of court, avoiding a lengthy, potentially costly trial and any appeal
"No admissions in respect of liability, causation or loss have been made by any of the defendants in the group action as part of the settlement," VW said.
But it said: "A payment of £193 million is being made to the claimants by the Volkswagen Group. A separate contribution is being made by the Volkswagen Group towards the claimants' legal costs and other fees."
Chief legal officer Philip Haarmann called the settlement "another important milestone" as the carmaker tries to rebuild trust after the "deeply regrettable events".
In September 2015, the US Environmental Protection Agency found many VW cars being sold in the country were fitted with software in diesel engines to give better emissions results when tested.
That has seen it pay tens of billions of dollars in damages, refunds and court fees, most of them in the United States and Germany.
The High Court in London ruled in April 2020 that Volkswagen was liable to pay compensation in England and Wales to the owners of some 1.2 million VW, Audi, Seat and Skoda vehicles.
Thank you THOMASKIENZLE and AFP for a very insightful article
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