Volkswagen Group has settled a UK dieselgate litigation comprised of over 70,000 claimants with the payment of a £193 million out of court settlement.

Therium, a leading provider of investment capital, funded the claim against the German car manufacturing giant behind brands including Audi, Bentley, Cupra, Seat, Skoda and Volkswagen and today (May 25) celebrated the conclusion of what it described as the “largest group action in UK legal history”.

Launched in January 2017 and due to head to court early next year, the case led by law firms Slater and Gordon, Leigh Day and PGMBM, alleged that the OEM breached automotive emissions regulations by fitting affected vehicles with unlawful ‘defeat devices’, said to reduce NOx emissions under certain test conditions.

It is now two years since High Court Judge Mr Justice Waksman concluded that the Volkswagen Group did install illegal emissions defeat devices.

As a result of today’s settlement the Volkswagen Group said that it had effectively resolved over 91,000 claims that were being brought against various Volkswagen Group and dealer entities without making admissions in respect of liability, causation or loss.