Volkswagen and Audi consent to a US$85 million diesel settlement in principle with Texas: Report

In 2015, the auto company had admitted to making use of software to circumvent emissions requirements in around 11 million vehicles the world over.

Autocar Pro News Desk By Autocar Pro News Desk calendar 26 May 2023 Views icon2957 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Volkswagen and Audi consent to a US$85 million diesel settlement in principle with Texas: Report

Volkswagen and Audi have consented to a US$85 million diesel settlement in principle, on flouting of the Texas environmental norms arising from the Dieselgate scandal,  Texas Attorney General Ken Paxton said, Reuters noted. 

The settlement states that the German auto firms shell out US$ 85 million for their unlawful actions, Paxton stated, as noted by this newswire.

Earlier in the month, Texas Supreme Court said that the environmental lawsuit against the companies could be taken ahead, Reuters reported.

Volkswagen, which refrained from offering a clarification, earlier settled over US$ 20 billion in settlements in the emissions scandal, but it did not protect it from the state besides local government liability, courts had stated earlier, Reuters reported.

In 2015, the auto company had admitted to making use of software to circumvent emissions requirements in around 11 million vehicles the world over, Reuters reported. It also misdirected the U.S. EPA which began its probe into the issue in 2014, Reuters reported.

Volkswagen’s US unit two years ago argued albeit unsuccessfully, that in the US environmental law, only the federal government could follow up on emissions claims, Reuters reported.
 

RELATED ARTICLES
Uber shares jump to highest in three months as Bill Ackman acquires $2.3 billion stake: Report 

auther Autocar Pro News Desk calendar10 Feb 2025

Ackman Ab the CEO Dara Khosrowshahi had done a "superb job in transforming the company into a highly profitable and cash...

Nissan Motor looks for new partners as Honda merger talks set to collapse: Report 

auther Autocar Pro News Desk calendar07 Feb 2025

 A Nissan representative refrained from offering comments, noting that any contours of the transaction would be announce...

Nissan calls off merger talks with Honda: Report

auther Autocar Pro News Desk calendar05 Feb 2025

Nissan shares fell more than 4% before trade was suspended by Tokyo Stock Exchange, following the report by Nikkei.