The German car manufacturer was caught in a terrifying lie this year as the company finally admitted to cheating about their vehicle’s emissions. Since then they have been in a massive legal battle with many countries and other manufacturers have also been caught cheating on emissions. It looks as if though the trouble for VW though is just beginning. The settlement verdict for the Volkswagen ‘dieselgate’ scandal has been declared in the United States and it requires the company to shell out $14.7 billion dollars for the damages caused by its over polluting diesel cars.
The $14.7 billion dollar settlement comes in two parts – one from the Unites States and the State of California and the other from the U.S. Federal Trade Commission. $10.03 billion has been set aside to compensate car owners affected by the scam. The remaining $4.7 billion in fines will be paid by Volkswagen to the Environmental Protection Agency. From this amount, $2.7 billion will be used to fund measures to reduce nitrogen oxide emissions around the USA, while the remaining $2.0 billion will be used as investment in infrastructure to support zero emissions vehicles.
