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Volkswagen offered 830-mn-euro settlement for German diesel

But proposal 'failed' because of 'disproportionate' pay demands

14 February, 15:41
(ANSA-AFP) - FRANKFURT AM MAIN, 14 FEB - Car giant Volkswagen said Friday it had offered 830 million euros ($900 million) to settle a mass lawsuit from German customers over its "dieselgate" emissions cheating scandal. But the proposed settlement with consumer group VZBV, representing 400,000 plaintiffs in a first-of-its-kind grouped proceeding, "failed" because of "disproportionate" pay demands from the VZBV's lawyers, a VW spokesman added. The consumer group's legal representatives had asked for a lump sum of 50 million euros, he said. The VZBV did not immediately comment on the settlement offer, but said it would hold a press conference at 1300 GMT at its central Berlin headquarters. (ANSA-AFP).

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