Daily Guardian UAEDaily Guardian UAE
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
What's On

Honor’s Robot Phone is launching for real and its gimbal camera looks impressive

March 1, 2026

Honor MagicPad 4 launched as the world’s thinnest tablet with PC-class AI productivity

March 1, 2026

This tiny Game Boy jukebox is a love letter to all nostalgia-hit Nintendo fans

March 1, 2026

You can now buy a more powerful Galaxy S26 Ultra rival, with some luck

March 1, 2026

I wish Apple made this sleek wireless power bank, but it works just fine with the iPhone

March 1, 2026
Facebook X (Twitter) Instagram
Finance Pro
Facebook X (Twitter) Instagram
Daily Guardian UAE
Subscribe
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
Daily Guardian UAEDaily Guardian UAE
Home » VW reaches 23-milion-euro dieselgate settlement in Austria – News
Business

VW reaches 23-milion-euro dieselgate settlement in Austria – News

By dailyguardian.aeOctober 3, 20242 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

German carmaker Volkswagen has reached a 23-million-euro ($25 million) out-of-court settlement with Austrian customers affected by the “dieselgate” scandal, a consumer protection group said on Wednesday.

Volkswagen admitted in 2015 to installing software to rig emissions levels in millions of diesel vehicles worldwide, setting off one of Germany’s biggest post-war industrial scandals.


In Austria, the national consumer protection association VKI filed 16 complaints for 10,000 Volkswagen customers in “the largest wave of complaints ever filed” in the Alpine EU country.

“The people affected paid too much for their vehicles,” VKI said in a statement, announcing reaching the out-of-court settlement.



Volkswagen in a statement said it “welcomed the solution found with the VKI”.

Originally VKI had sought more than 60 million euros based on their claim that the value of the vehicles fell 20 percent.

Overall, the scandal has already cost VW around 30 billion euros in fines, legal costs and compensation to car owners, mainly in the United States.

The scandal has also ensnared several other top European carmakers and car part suppliers over their alleged roles in the development of the cheating software.

In 2022, the European Court of Justice also ruled illegal software fitted to Volkswagen diesel vehicles which deactivates the filtering of polluting emissions at certain temperatures.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Rabee’s Iraq stock exchange index achieves 8.5% growth in September – News

Middle East crisis derails Bitcoin recovery – News

MAG launches Dh350 million tower at Dubai Sports City – News

Taqa Group successfully prices $1.75 billion dual tranche 7-year and 12-year bond offering – News

UAE-Serbia Cepa set to add $351m to GDP – News

Coinbase to delist some stablecoins in Europe ahead of new regulations – News

Family credit in UAE banking sector hits $115b – News

Boeing, striking union to return to negotiations on Monday – News

Wall St Week Ahead: Investors look to earnings to support record-high stock prices – News

Editors Picks

Honor MagicPad 4 launched as the world’s thinnest tablet with PC-class AI productivity

March 1, 2026

This tiny Game Boy jukebox is a love letter to all nostalgia-hit Nintendo fans

March 1, 2026

You can now buy a more powerful Galaxy S26 Ultra rival, with some luck

March 1, 2026

I wish Apple made this sleek wireless power bank, but it works just fine with the iPhone

March 1, 2026

Subscribe to News

Get the latest UAE news and updates directly to your inbox.

Latest Posts

An Android rival to the iPad Pro is here, and it looks just like the iPad Pro

March 1, 2026

I thought I’d seen it all, then the Galaxy S26 Ultra pulled these 3 tricks

March 1, 2026

Samsung Galaxy Buds 4 beat the AirPods at high quality audio, but it is quite exclusive

March 1, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Daily Guardian UAE. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.