VW starts diesel settlement talks with German consumer groups

Volkswagen said it was in talks to discuss a settlement with German vehicle owners who are suing the automaker over excessive pollution caused by its diesel cars.

In 2015 VW admitted to using manipulated engine management software to mask excessive pollution levels in its diesel cars, sparking a raft of prosecutions and lawsuits that have led to at least 30 billion euros ($33 billion) in legal costs and fines.

“Volkswagen and the Federation of German Consumer Organisations (VZBZ) have agreed to enter into discussions regarding a possible settlement,” the automaker said.

“The discussions are at a very early stage, and there is no guarantee that they will result in a settlement. Both parties have agreed that the discussions should remain confidential.”