By: Luke Jones, Published on January 15, 2018 04:34 PM, Last Update on January 31, 2018 01:35 PM
Volkswagen has agreed terms of a settlement with Canadian owners of vehicles involved in its diesel emissions scandal.
The action relates to the emissions scandal the automaker was embroiled in two years ago, and has continued since.
Volkswagen was found to have installed software to fool regulators. The software allowed diesel cars pumping out excessive emissions to appear comfortably within regulatory guidelines. VW admitted it had falsified reports for many diesel models.
The company has already been forced to pay multi-billion dollar settlements and fines in several countries, including two settlement deals in Ontario and Quebec.
This agreement is specifically for vehicle owners. The settlement is numbered at $290.5 million, which works out to a cash payment for 20,000 owners of 3.0-liter Volkswagen, Audi, and Porsche diesel vehicles in Canada. The German company also agreed to a $2.5 million civil penalty.
“This is an important milestone towards making things right for all of our customers with affected diesel vehicles in Canada,” Volkswagen Group Canada president and CEO Daniel Weissland said in a statement.