Owners

Volkswagen, US May Reach Settlement Over Emissions Scandal by June End

Volkswagen AG has made substantial progress toward reaching a final settlement by late June with car owners and the US government over the German automaker’s cheating on diesel emissions tests, a federal judge said on Tuesday. US district judge Charles Breyer in San Francisco also reiterated that a settlement will include “substantial compensation” for owners of 482,000 polluting vehicles that …



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 …


Mercer County Property Owners Could Wait on Drill Settlement

Property owners in Mercer County who sued Halcon Resources, a Texas based gas and oil drilling company, over failing to drill could wait longer to get their settlement. The two companies who negotiated the leases for more than 60,000 acres of land want a hold on that settlement. The companies’ attorneys …


VW Forges U.S. Deal Arising From Diesel Emissions Scandal

Volkswagen AG, driving to move beyond a scandal that has disrupted its global business and sullied its reputation, announced a sweeping U.S. deal on Thursday to buy back or potentially fix about a half million polluting diesel cars and set up environmental and consumer compensation funds. The settlement, which sources and analysts said could cost VW (VOWG_p.DE) at least…


Federal Judge Gives Volkswagen One Month to Find Fix for Cheating Diesels

Screenshot via VWAn ad for Volkswagen’s lineup of diesel vehicles It’s been more than five months since the U.S. Environmental Protection Agency (EPA) announced Volkswagen’s use of illegal “defeat device” software in diesel cars in mid-September. But Volkswagen appears no closer to beginning a recall of the affected cars–leaving owners of almost 600,000 diesel vehicles deeply frustrated. And …


Halt Gutting of Class Action  : Rutland Herald Online

Halt gutting of class action Is Congress acting to protect Volkswagen? I�m sure you�ve heard about Volkswagen�s emissions scandal, where the automaker intentionally installed �defeat devices� in millions of cars around the world to cheat auto emissions regulations. Consumers who thought they were buying �clean diesel� TDI engines were in fact polluting up to 40 times above national standards, …