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STATEMENT BY VOLKSWAGEN GROUP OF AMERICA

Apr 21, 2016

On April 21st, Volkswagen appeared before U.S. District Court Judge Charles Breyer, who presides over hundreds of civil lawsuits pending in the Multi-District Litigation (MDL) in San Francisco, regarding the TDI emissions issue. The Judge announced that the parties had reached certain agreements in principle to resolve TDI matters.

Volkswagen is committed to earning back the trust of its customers, dealers, regulators and the American public. These agreements in principle are an important step on the road to making things right. As noted today in court, customers in the United States do not need to take any action at this time.

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