2016-06-23 17:54
Automotive
Alex Lowe

VW is settling emissions scandal by paying out $10.2 billion

VW is settling emissions scandal by paying out $10.2 billion

Volkswagens emissions scandal has settled from the headlines somewhat now, but it’s been revealed in a report by The AP that VW still has to pay out around $10.2 billion to fully settle all the claims. Last year when this scandal surfaced Volkswagen was caught using specialist software to mask what the true emissions of their cars were in order to make them look more economical than they actually are. Since 2008 600,000 diesel vehicles are affected, this whole issue gas cost $18.2 billion in total for Volkswagen, causing delays on new projects and performance versions the Golf.

This however hasn’t stopped Bugatti which is owned by the VW Group coming out with the new blisteringly fast Bugatti Chiron this year.

Source: The AP & Engadget

Alex Lowe

VW is settling emissions scandal by paying out $10.2 billion

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

Other Posts

Tesla has stopped taking orders for the baseline Model Y
Tesla has stopped taking orders for the base spec Model Y
BYD Seagull
Smallest EV from BYD will come to the UK later this year
BYD Dolphin Surf is a renamed Seagull and will go on sale in the UK later this year
Hyundai announces brand new Ioniq 6 saloon to rival the Model 3
New Ioniq 6 from Hyundai sits on the company's advanced E-GMP platform, with batteries from 58kWh up to 77.4kWh with range up to 300 miles.