Thursday, October 29, 2020

VW (Volkswagen) pays 620 million euros in damages in Germany

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It concerns amounts from 1,350 euros to 6,250 euros, which will be paid from 5 May. Additional investigations are still required for approximately 21,000 cases. The period for new registrations and the completion of missing information has been extended to April 30.

At the beginning of this year, VW had reached a settlement with the German consumer organization VZBV. The agreement provides that affected consumers can obtain compensation for the loss of value of their vehicle as a result of the scandal. Earlier this month, a British judge ruled that tens of thousands of Volkswagen owners in Britain are also rightfully claiming damages from the German car manufacturer, because of the cheating software. The British court has yet to decide what compensation the 91,000 complainants are entitled to.

In the Netherlands, legal proceedings of Volkswagen customers have also been running against the largest car manufacturer in the world for years. However, neither Volkswagen nor VW importer Pon has yet pledged any compensation.

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Teodora Torrendohttps://www.ccdiscovery.com
Teodora Torrendo is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.

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