AMSTERDAM (Reuters) -A Dutch court said on Wednesday the owners of cars made by Volkswagen (DE:) Group with software meant to rig diesel engine emissions tests were entitled to compensation.
The district court in Amsterdam said 3,000 euros ($3,538) of compensation was warranted for buyers of a new Volkswagen, Audi, Seat and Skoda that had the software installed, while owners of a second-hand car should get 1,500 euros.
The compensation, which can still be appealed by the German automaker, covers around 150,000 cars sold by dealers targeted in the class action suit, the court said.
The verdict is the latest in a string of payouts and fines for Volkswagen since it admitted in 2015 to using fraudulent software to make diesel engines appear cleaner than they were.
Since the scandal broke, it has cost the company more than 32 billion euros in fines, refits and legal costs.
($1 = 0.8479 euros)
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.