Volkswagen AG, Volkswagen Group of America, Inc. and certain affiliates (together, Volkswagen) has announced that Judge Charles R. Breyer of the United States District Court for the Northern District of California has granted final approval to the settlement agreement between Volkswagen and private plaintiffs.
The plaintiffs are represented by a Court-appointed Plaintiffs' Steering Committee (PSC) to resolve civil claims regarding eligible Volkswagen and Audi 2-litre TDI vehicles in the United States.
Concurrently, Judge Breyer also approved a Consent Decree between Volkswagen and the U.S. Department of Justice on behalf of the Environmental Protection Agency (EPA) and the State of California by and through the California Air Resources Board (CARB) and the California Attorney General; and a Consent Order between Volkswagen and the U.S. Federal Trade Commission. All three agreements were previously announced.
"Final approval of the 2-litre TDI settlement is an important milestone in our journey to making things right in the United States, and we appreciate the efforts of all parties involved in this process. Volkswagen is committed to ensuring that the program is now carried out as seamlessly as possible for our affected customers and has devoted significant resources and personnel to making their experience a positive one," said Hinrich J. Woebcken, president and chief executive officer of Volkswagen Group of America, Inc.
Volkswagen says it remains focused on resolving other outstanding issues in the United States and continues to work towards an agreed resolution for customers with affected 3-litre TDI V6 diesel engines.
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