While VW has not yet reached a settlement in the USA for its 3L diesel engines, it has settled the dispute in Canada concerning 2L engines. The group needs to pay C$2.1bn (i.e. some €1.5bn) to Canadian clients plus a fine of C$15m.
The Californian judge has given the company another day to come up with a final solution, i.e. the new deadline is today at 11am Pacific Standard Time.
20 Dec 2016
Dieselgate costs of €1.5bn in Canada
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Dieselgate costs of €1.5bn in Canada
While VW has not yet reached a settlement in the USA for its 3L diesel engines, it has settled the dispute in Canada concerning 2L engines. The group needs to pay C$2.1bn (i.e. some €1.5bn) to Canadian clients plus a fine of C$15m.
The Californian judge has given the company another day to come up with a final solution, i.e. the new deadline is today at 11am Pacific Standard Time.