Dieselgate causes millionaire losses for Volkswagen and Audi

Dieselgate causes millionaire losses for Volkswagen and Audi

Volkswagen and Audi reached an $85 million settlement in Texas over diesel engine emissions cheating that was uncovered in 2015. The Texas Supreme Court confirmed earlier this month that the state’s environmental action against the brands can continue, as it ended.

According to Attorney General Ken Paxton, the settlement calls for the two automakers to pay millions of dollars in fines for their illegal actions. The two automakers continue to pay a heavy price for dieselgate, even though it has been eight years since the scandal rocked the auto industry.

Volkswagen has already settled for legal action from US authorities and has paid more than $20 billion in fines, penalties and damages in the US. However, this payment did not protect him from being held accountable by local and state governments, as reported by Reuters.

Volkswagen Touareg TDI [divulgação]

This agreement will help ensure that tens of millions of dollars are available to benefit Texans, and will send a clear message to discourage any company that considers engaging in illegal activities in the state.

A year ago, Volkswagen closed a £193 million (R$ 1.18 billion) settlement to compensate group car owners in England and Wales affected by diesel.

Audi Q5 TDI [divulgação]

The agreement came after lawyers brought 91,000 lawsuits against the VW group and the company’s dealers, demanding damages for vehicles equipped to help evade emissions tests.

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