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23:33 18-05-2018
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Russia and Japan begin to cooperate on “Smart Cities”
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South Korean Lotte opens 5-star hotel with panoramic swimming pool in Samara
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Turkish businessmen to build a waste processing plant in Russian Caucasus
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Donald Trump tried to persuade Angela Merkel to abandon Nord Stream 2
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American Hines to build an outlet at Novorizhskoe highway
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Russia is no longer leader in European rating for mall construction
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Graffiti of foreign artists on football theme will appear on Luzhniki Stadium
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Football fans from Egypt and Saudi Arabia massively book rooms in Volgograd
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Administrative building in center of Moscow is put up for sale for $885,000
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Sakhalin bridge construction is 3 times more expensive than Crimean one
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Tender announced for overhaul of Akademicheskaya metro station in St. Petersburg
21:11 16-05-2018
Two lanes of Tavrida highway in Crimea to open in 2018
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Rosatom to build Center for Nuclear Science and Technology in Zambia
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Ginza restaurant holding opens farmer’s markets in Moscow
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Finnish developer YIT sets to build 77,000 sqm of housing in Moscow region
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Putin opened road section of Crimean bridge, driving KamAZ
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Russian regulatory agency approves Nord Stream 2 gas pipeline project
21:03 15-05-2018
Europe’s largest casino with 1,200 slot machines to be erected on Cyprus
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Japanese Kawasaki to build a hydrogen plant in Magadan
20:00 15-05-2018
Investments in Park Huaming business center in Moscow will exceed $300 million
21:40 14-05-2018
Russian PM signed a decree on construction of Urals high-speed rail line
20:19 14-05-2018
Russia gets its first plant producing medical equipment for radiation therapy
19:36 14-05-2018
The Crimean bridge opens for automobile transport
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Volkswagen pays $1,6 billion to Canadian owners in Dieselgate compensation

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Volkswagen pays $1,6 billion to Canadian owners in Dieselgate compensation

On the 19th of December, 2016, Volkswagen AG made a decision to allocate about $2.1 billion Canadian dollars to buy back or fix 105,000 polluting diesels, as well as to make a compensation to owners, Reuters reports on Monday, citing the company’s message.


This means that the company will pay 105,000 owners of EA189 2.0-litre diesel-engined cars with in-built emissions cheats approximately $5000 - $8000 each, as well as pledges to buy back their vehicles in case the corresponding request is made, Wheelsmag says.

In summer, Volkswagen made such move regarding the U.S. owners of its vehicles, having allocated over $10.03 billion to buy back or fix 475,000 U.S. vehicles.

A so-called Dieselgate scandal occurred Volkswagen’s official statement that over 11 million of its vehicles worldwide had been sold with diesel engines that ran much cleaner during official emissions tests than they did in ordinary driving.

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