Volkswagen AG and Volkswagen Group of America, Inc. (together, Volkswagen) announced today that Judge Charles R. Breyer of the United States District Court for the Northern District of California has granted final approval to the settlement agreement between Volkswagen and private plaintiffs represented by a Court-appointed Plaintiffs’ Steering Committee (PSC) to resolve outstanding civil claims regarding approximately 78,000 affected 3.0L TDI V6 diesel engine vehicles in the United States.



Concurrently, Judge Breyer also approved a Consent Decree between Volkswagen and the U.S. Department of Justice on behalf of the Environmental Protection Agency (EPA) and the State of California by and through the California Air Resources Board (CARB) and the California Attorney General; and a Consent Order between Volkswagen and the U.S. Federal Trade Commission. All three agreements were previously announced.



With final approval of the 3.0L TDI V6 settlement, Volkswagen is able to offer a resolution to all of its customers with eligible vehicles in the United States.



“Today concludes a comprehensive series of agreements that we have reached in the United States to honor our pledge to make things right for our customers, dealers and the American public,” said Hinrich J. Woebcken, President and CEO of Volkswagen Group of America, Inc. “Volkswagen’s commitment to the United States is stronger than ever, and we will continue to invest in this market as we work to become a global leader in sustainable mobility.”



Notes to Editors:



The 3.0L TDI V6 Settlement Program

The implementation of the 3.0L TDI V6 settlement program will begin within 15 business days. Customers with eligible vehicles may submit claims via an online portal accessed through www.VWCourtSettlement.com, using a paper claim form (available at www.VWCourtSettlement.com or by calling 1-844-98-CLAIM). Once a claim is approved, customers can schedule appointments with dedicated settlement specialists who have been assigned to dealership locations.



Under the 3.0L TDI V6 settlement program, Volkswagen has agreed, among other terms, to provide cash payments to all eligible members of the class, and take the following specific actions:



• Recall and repair, free of charge to the customer, approximately 58,000 affected 2013-2016 Model Year Volkswagen, Audi and Porsche 3.0L TDI V6 vehicles (so-called Generation 2 vehicles) to bring them into compliance with the emissions standards to which they were originally certified, if an appropriate Emissions Compliant Repair is approved by U.S. regulators.

• Buy back or offer trade-in credit of equal value for, or terminate the leases of, approximately 20,000 eligible 2009-2012 Model Year Volkswagen and Audi 3.0L TDI V6 vehicles (so-called Generation 1 vehicles) or, if approved by U.S. regulators, modify the vehicles to substantially reduce their nitrogen oxide (NOx) emissions so as to allow eligible owners and lessees to keep them.

• Contribute $225 million to the environmental remediation trust that was established under Volkswagen’s 2.0L TDI settlements in the United States to fully mitigate the lifetime NOx emissions of the affected 3.0L TDI V6 vehicles.

• As part of its agreement with the State of California, Volkswagen will also pay $25 million to CARB to support the use of zero emissions vehicles (ZEVs) in the State.