Dieselgate: Volkswagen offers German buyers $1.34 billion in compensation

Volkswagen has offered €830 million (AU$1.34 billion) in compensation to German vehicle buyers affected by its 2015 emissions scandal. As reported by Reuters, the offer comes after the Volkswagen Group – parent company for Audi, Skoda, and Porsche – failed to reach an agreement during negotiations with German consumer association, VZBZ. Volkswagen is now looking to settle with German customers directly, extending the offer to those who registered for compensation through the VZBZ.