Carmaker Audi will not need to pay compensation to car owners for the time being. However, this could change if proof emerges that the executives were aware that the parent company was tampering with emissions values.
On Monday, Germany’s Federal Court of Justice ruled that the auto manufacturer Audi is not immediately liable to pay compensation for its parent company’s role in rigging diesel emissions.
Liability could shift to the Volkswagen subsidiary if it can be shown that bosses there knew that unauthorized technology had been installed in vehicles when they put them on the market.
Anexo plc (LON:ANX) is a specialist integrated credit hire and legal services group focused on providing replacement vehicles to consumers who have been involved in a non-fault accident.