Volkswagen offers 830 million euros to compensate German buyers

BERLIN (Reuters) - Volkswagen said it will compensate owners of its heavily polluting diesel vehicles in Germany in a settlement that will cost the German carmaker 830 million euros (690 million pounds). In 2015 VW was caught by regulators using manipulated engine management software to mask excessive pollution levels in its diesel cars, sparking a raft of prosecutions and lawsuits.The offer comes despite a breakdown in talks with German consumer association VZBV, which had been in negotiations..