Dieselgate is one step closer to becoming a distant memory as Volkswagen agrees to a cash compensation for owners of 3.0-liter diesel vehicles. Volkswagen announced today that it has submitted settlement agreements with both class-action plaintiffs and the US Federal Trade Commission. The agreements are about undeclared emissions-control devices in certain vehicles equipped with a 3.0-liter …
Bosch said Wednesday it would “continue to defend its interests in all other civil and criminal law proceedings and to cooperate comprehensively with the investigating authorities in Germany and in other countries.” Volkswagen held powerful sway over Bosch, based on the accounts in the lawsuits. The carmaker was one of Bosch’s biggest customers, with a relationship dating from the early days of …
Volkswagen AG and former Chief Executive Officer Martin Winterkorn must defend an investor lawsuit in California over the company’s diesel emissions cheating scandal, a U.S. judge has ruled. The plaintiffs, mostly U.S. municipal pension funds, have accused VW of not having informed the market in a timely fashion about the issue as well as understating possible financial liabilities, according …
Volkswagen may see its recovery costs from the diesel car emissions scandal climb higher from a potential class-action lawsuit filed in Germany. German lawyers for U.S. law firm Hausfeld have filed the suit for one car owner that’s been designed to follow what’s worked in U.S. courtrooms, according to Jan-Eike Andresen of legal-tech website My-Right.de. The legal portal is supporting these …
A lead attorney involved in Volkswagen AG’s diesel emissions-cheating scandal and $14.7 billion settlement will defend Fiat Chrysler Automobiles NV against similar accusations. New York-based attorney Robert Giuffra Jr., a partner of …
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 …
Audi cars with automatic transmissions have technology capable of distorting emissions when they are tested, Volkswagen said, as its luxury flagship is battling allegations over a reported discovery of a new cheat software device. Germany’s Bild am Sonntag newspaper said a week ago that the California Air Resources Board (CARB) had this summer discovered cheating software in an older Audi …
Volkswagen AG’s plot to cheat emissions tests by installing so-called defeat devices in its vehicles wasn’t limited to diesel cars, but also included at least six models of Audi 3.0-liter gasoline engines, according to a consumer lawsuit. In a class action on behalf of owners of more than 100,000 vehicles, the German carmaker’s Audi unit was accused of installing software designed to beat …
Governments, investors and car owners around the world are gaining ground in efforts to pressure Volkswagen AGVLKAY -0.82 % for settlements over its emissions-cheating scandal, aiming for terms similar to a $15 billion U.S. agreement. From Australia to South Korea to Ireland, governments and consumers are ratcheting up legal and regulatory demands in part because such moves in the U.S. yielded …
A German court will adopt a rarely used class-action style procedure to more efficiently process claims by investors seeking damages from Volkswagen over a diesel emissions cheating scandal, according to a ruling. The regional court in Braunschweig near Volkswagen’s (VW) Wolfsburg headquarters said on Monday it will pick one case to act as a model to help resolve as many as 170 …