The Wyoming Attorney General today announced a settlement resolving claims that Volkswagen violated state laws prohibiting unfair or deceptive trade practices by marketing, selling and leasing diesel vehicles equipped with illegal and undisclosed defeat device software. This agreement is part of a series of coordinated state and federal settlements …
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 …
The federal judge demanding Volkswagen AG fix 480,000 diesel-cheating vehicles in the U.S. or get them off the road said the automaker is on pace to meet next month’s deadline to reach a deal with car owners. U.S. District Judge Charles Breyer in San Francisco reiterated on Tuesday that buybacks, cash compensation for consumers and a fund to address damages from the excess emissions and future …
New Zealand Ford cars could be caught up in an Australian class action over reported transmission problems in a range of models. Lawyers claim more than 60,000 cars in Australia are “unsafe to drive”, including the Fiesta Hatchback, Focus and the EcoSport SUV. Ford NZ carries largely the same vehicles as its Australian counterpart, including vehicles with Ford’s PowerShift transmission.
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…
Hyundai Seeks Dismissal of Class Action Over Allegedly “Spontaneously Shattering” Sunroofs A photo of Billy Glenn’s “shattered sunroof,” as a part of the court documents. Hyundai has asked the U.S. District Court of California to dismiss a class action lawsuit brought by vehicles owners who say the automaker’s panoramic sunroofs “spontaneously shatter.” Alabama resident Billy Glenn filed the…
Owners of Mercedes diesel cars filed a new class-action lawsuit in the United States saying the vehicles likely contained a “defeat device” used to cheat emissions testing, an accusation that Daimler, which owns the carmaker, denied. U.S. law firm Hagens Berman, which had already …
Owners of Mercedes diesel cars filed a new class-action lawsuit in the United States saying the vehicles likely contained a “defeat device” used to cheat emissions testing, an accusation that Daimler (DAIGn.DE), which owns the carmaker, denied. U.S. law firm Hagens Berman, which had already filed a complaint in February, said new tests had shown that Mercedes BlueTEC cars produced …
And now, for its most expensive act: Volkswagen might buy back some of the 575,000 cars affected by Dieselgate in the United States. Robert Giuffra, a lawyer defending Volkswagen against class-action suits, indicated during a court hearing at the U.S. District Court in San Francisco last week that if the German automaker is unable repair some of its diesel models in a timely manner, it might …
One might think that an auto parts company whose main product is at the center of a 19-million-vehicle recall involving a dozen carmakers would have its hands full. But Takata, the Japanese maker of air bags that killed nine motorists and injured about 100 more, is turning toward the burgeoning field of driverless cars—a market that may be worth $42 billion annually by 2025, estimates Boston …