Automaker

BMW Agrees to Settle Vehicle Water Damage Suit for Up to $478 Million

German automaker BMW AG (BMWG.DE) has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical components in vehicle trunks. According to settlement documents filed in U.S. District Court in New York last week, the settlement covers owners of …


U.S. Judge Throws Out Emissions Fraud Lawsuit Against Mercedes

A U.S. judge in New Jersey on Tuesday threw out a proposed class action lawsuit alleging that automaker Mercedes ( DAIGn.DE ) misled consumers about emissions standards in “BlueTec Clean Diesel” vehicles. U.S. District Judge Jose Linares said the plaintiffs did not have standing to bring the case. Plaintiffs claimed Mercedes falsely advertised the BlueTec vehicles as having lower …


Dieselgate Class-Action Settlement Payment Program to Begin in November

Turning back attempts to change the final terms of the Dieselgate class-action suit settlement, Judge Charles Breyer Tuesday gave thumbs up to the final agreement. The decision clears away the last obstacles keeping owners of Volkswagen turbodiesel vehicles, caught up in the automaker’s self-inflicted emissions cheating scandal, from having their vehicles repurchased as early as next month – …


Court Rules Against Consumers in Class Action Lawsuit Against Hyundai Motor Co.

A Seoul district court on Thursday ruled against a group of 1,890 consumers who have filed a class-action lawsuit against Hyundai Motor Co. over the alleged exaggeration of the gas mileage of an SUV made by the country’s No. 1 automaker. The Seoul Central District Court said that as the result of the transport ministry’s fuel efficiency test on the Santa Fe 2-liter diesel SUV has not been fully …


Bavaria to File Lawsuit Against Volkswagen for Pension Fund Losses

The whole Dieselgate scandal has done a number on Volkswagen financially. Despite my harsh words for the company in the past over the scandal, I’m starting to feel bad about for it. It’s been hit for billions here in the U.S., and there are more lawsuits coming down the pipe than I can shake a stick at.


Illinois VW Owners Welcome Buyback in Emissions Settlement

The record $15.3 billion settlement in the Volkswagen diesel-emissions cheating scandal will affect nearly 30,000 vehicles sold in Illinois, as well as thousands of owners who went from brand loyalists to betrayed. Some owners can’t wait to sell their cars back to VW, ending a nightmare that turned their beloved and peppy “clean diesel” cars into a source of driveway shame. Others have mixed …


Volkswagen, U.S. Make Substantial Progress Toward Final Deal: Judge

Volkswagen AG (VOWG_p.DE) has made substantial progress toward reaching a final settlement next month with car owners and the U.S. government over the German automaker’s cheating on diesel emissions tests, a federal judge said on Tuesday. But major issues remain, including how much the world’s No. 2 automaker may have to pay in fines, which could run in the billions of …




VW Proposes Fix for US Test Cheating Cars: ‘Bild Am Sonntag’ | News | DW.COM

Embattled automaker Volkswagen has developed a catalytic converter that could be fitted to around 430,000 cars with the first generation of the EA 189 diesel engine, allowing them to pass US emissions tests, German newspaper “Bild am Sonntag” said Sunday. The paper did not provide any information on its sources, but a source familiar with the matter told Reuters that VW’s proposal included a …