VW to pay $ 5 billion to shareholders

Berlin Olympic fringe newspaper Die Welt reported on Thursday that Volkswagen, the German car maker, which faced problems will provide a grant of $ 5 billion US dollars to customers who bought its diesel vehicles, which are powered by software patching carbon fraud . The offer was made in order to avoid a lawsuit in court.

The complaint in the United States have been combined in federal court in San Francisco under Judge Charles Breyer granted time Volkswagen until April 21 to prepare a plan to address 60 thousand vehicles, engines, cheating device is powered car that makes these shows less pollution.

According to the German daily Die Welt said the agreement, which was agreed with the US authorities does not solve all problems but will make Volkswagen increases the cost of the recall and improve the troubled car as well as the cost $ 5 billion dollars (4,400 euros) to each car owners who have problems.

If the plaintiff does not agree to the agreement, the case will continue to trial.

The newspaper quoted participants in the negotiations, as they said that the agreement in the United States is just a memorandum of understanding which will be implemented within the next few months.

Volkswagen fell in a scandal over the world since they were found last year that the German car maker this powered software in diesel engines use 11 million units worldwide that aims to distract the amount of carbon during the test.

On Wednesday, investors applauded Volkswagen's goal to avoid a lawsuit in court.