The penalties are in addition to about $16 million that VW has agreed to pay in earlier cases01/11/2017 | ConsumerAffairs
Volkswagen will be shelling out $4.3 billion to settle U.S. Justice Department criminal and civil charges growing out of the "dirty diesel" scandal. In a settlement announced today, VW has agreed to plead guilty to three criminal felony counts and pay a $2.8 billion criminal penalty. In separate civil resolutions, it will pay $1.5 billion.
The penalties are in addition to the $15 billion VW earlier agreed to pay to owners of the Volkswagens, Audis, and Porsches equipped ...
Oliver Schmidt headed the company's regulatory compliance office01/09/2017 | ConsumerAffairs
Last week, it was reported that Volkswagen and the U.S. Justice Department were nearing agreement on a plea deal to settle criminal charges against the automaker and its executives for their role in the dirty diesel scandal.
This week, the government applied a little pressure, arresting a VW executive who headed the company's regulatory compliance office in the U.S. in 2014 and early 2015, acording to a New York Times report.
The newspaper said Oliver Schmidt was arreste...
3.0-liter diesels in VW, Audio and Porsche models also used illegal "defeat devices"11/20/2015 | ConsumerAffairs
Like a cloud of billowing smoke, the Volkswagen dirty diesel scandal just keeps expanding. The Environmental Protection Agency now says that at least 85,000 additional VW, Audi and Porsche vehicles are equipped with software allegedly designed to cheat emissions tests.
The EPA said today that Volkswagen and Audi officials yesterday admitted that the software that fudges on emissions tests was present on all vehicles powered by the VW group’s 3.0-liter diesel V-6 engine si...
Company plans 30 electric vehicle models within 10 years06/16/2016 | ConsumerAffairs
Still coping with the aftermath of its diesel emissions cheating scandal, Volkswagen has announced a major shift in direction – away from diesel and gasoline powered vehicles and toward what it calls “sustainable mobility,” another way of saying electric vehicles.
The company calls the initiative “Together – Strategy 2025.” It has announced plans to introduce more than 30 purely battery-powered electric vehicles over the next 10 years. Eventually, it expects electric veh...
Retrofitting the rest will be a long and expensive process01/08/2016 | ConsumerAffairs
A German newspaper report says Volkswagen may buy back about 115,000 cars in the United States as a result of the "dirty diesel" scandal. Another 450,000 will need extensive retrofitting to meet U.S. emission standards, the report said.
The Sueddeutsche Zeitung said that VW expects it will have to either refund the purchase price or offer owners a new car at a significant discount. It's thought that would apply to older cars that would be too expensive to retrofit.
The state calls the plan "incomplete, substantially deficient" and too slow01/12/2016 | ConsumerAffairs
Volkswagen's plan to clean up its 2.0-liter diesel-powered cars is "incomplete, substantially deficient and falls far short of meeting the legal requirements," the California Air Resources Board said today. CARB also said the plan would take too long to complete.
It's a serious setback for Volkswagen, which had admitted using stealth softare to fool emissions testing equipment, enabling its cars to emit 40 times the legal limit of pollutants.
VW, trying to put the best f...
The suit will seek hundreds of millions of euros for 66 institutional investors and thousands of private investors01/18/2016 | ConsumerAffairs
In the past couple of months, consumers who have been affected by the VW diesel scandal have expressed their outrage. In the U.S., numerous consumer groups have filed class action lawsuits, and both the feds and the state of California have rejected company proposals pertaining to the necessary recall. In all, the company stands to lose billions of dollars to U.S. consumers, as well as another $46 billion for violating the Clean Air Act.
Now, Reuters reports that a large...
VW "put profit ahead of honesty," risked harm to public health, state charges02/08/2016 | ConsumerAffairs
Add the state of New Jersey to the long list of plaintiffs suing Volkswagen for using deceptive software to allow its VW, Porsche, and Audi diesel-powered cars to masquerade as low-emission vehicles.
“For the past decade Volkswagen engaged in one of the largest frauds in the history of the automobile industry,” the state’s lawsuit asserts. “It developed and distributed into the marketplace sophisticated software to evade emissions requirements, it misled regulators about...
More than 210,000 diesel VW owners have chosen a buyback rather than an attempted retrofit08/30/2016 | ConsumerAffairs
By a wide margin, Volkswagen owners are choosing to scrap their diesel-powered cars and take the money being offered under a settlement agreement. And in a separate action, VW dealers have reached a tentative settlement with the automaker.
In a federal court filing, class action attorneys say about 210,000 out of 475,000 owners of VW's TDI "clean diesel" cars have so far opted to take part in the $15 billion settlement that is awaiting final court approval.
Regulators in California have reportedly found a second defeat device on some Audi models11/08/2016 | ConsumerAffairs
It looks like VW isn’t out of the woods yet when it comes to its connection with defeat devices. Forbes reports that regulators from the California Air Resources Board (CARB) have allegedly found another unreported defeat device that misrepresented carbon dioxide emissions on certain Audi models.
Worse yet, Bild am Sonntag – a German publication – has found a document wherein Audi chief of powertrains Axel Eiser discusses the defeat feature and how it will be “100% activ...
The approval closes another chapter in the 'clean diesel' scandal that shook confidence in automakers10/25/2016 | ConsumerAffairs
A federal court judge today approved the $15 billion settlement between Volkswagen and consumers who owned or leased a Volkswagen or Audi 2.0-liter TDI "clean diesel" car. It's the largest consumer class action settlement in U.S. history.
In most cases the owners of VW and Audi diesel cars fitted with illegal emissions defeat devices will receive between $12,500 and $44,000 each, depending on the model, year, mileage, and trim of the car, as well as where the owner lives...
U.S. consumers not feeling positive vibes from goodwill efforts08/02/2016 | ConsumerAffairs
If you think U.S. regulators were tough on Volkswagen for fudging diesel emission readings, consider the response in South Korea where the government has halted sales of 80 models of VW, Audi, and Bentley vehicles and fined Volkswagen $16 million.
It's a major blow to VW in South Korea, where it had more than tripled revenue over the last five years before the emissions scandal broke. VWs aren't big sellers there, but Audis and Bentleys fairly fly off showroom floors.
Embattled company plans to speed up transition to electric cars07/20/2016 | ConsumerAffairs
There's an old saying, “when they run you out of town, make it look like you're leading a parade.”
That comes to mind with the news that Volkswagen, still struggling to get beyond its diesel cheating scandal, is looking beyond diesel engines as its future. Then again, it pretty much has to at this point.
“Volkswagen killed diesel in the U.S. for the entire industry due to its cheating on emissions,” said Autotrader senior analyst Michelle Krebs, in an email to ConsumerAff...
Former executives reportedly under investigation in Germany06/21/2016 | ConsumerAffairs
The fallout from Volkswagen's admitted diesel emissions cheating scandal is increasing in courtrooms around the world.
But the latest action doesn't concern the act itself – installing onboard software in clean diesel cars that adjusted emissions only when it sensed a test was being conducted.
Rather, the latest legal issues are being brought by interests that owned VW stocks and bonds, which suffered heavy losses as the scandal unfolded.
The New York Times reports German ...
Dirty diesel scandal leaves Volkswagen owners feeling outraged and betrayed09/21/2015 | ConsumerAffairs
Volkswagen has apologized and suspended sales of its "clean diesel" cars in the U.S. after federal and California officials charged the cars were clean only when hooked up to emissions testing devices and dirty the rest of the time.
Whether an apology will be enough to placate outraged VW owners is doubtful. "I am furious at Volkswagon for intentionally lying to me. I want to return my 2010 to Volkswagen for a full refund," said photographer and VW owner Joshua Ets-Hokin...
Federal judge is expected to sign off on deal with $15 billion price tag06/28/2016 | ConsumerAffairs
UPDATE: Details of the proposed settlement -- with important information for VW diesel owners -- are now available here.
A few days ago, it was reported that Volkswagen would pay $10 billion to settle charges that it rigged more than 400,000 TDI "clean diesel" cars with software to fool emissions tests. Today, the figure looks more like $15 billion.
A settlement is to be filed today (Tuesday) in U.S. District Court in San Francisco and reports say the company will agree ...
The Americans got their ton of flesh, now European consumers want the same07/05/2016 | ConsumerAffairs
Americans who bought diesel-powered Volkswagens with deceptive emissions equipment will be getting buybacks and compensation that, in some cases, will be in the tens of thousands of dollars. That's costing VW $15 billion.
Europeans similarly victimized? Nada. VW's CEO Matthias Müller made that clear the other day and he was fairly blunt about the reason: the U.S. settlement affects fewer than 500,000 consumers while in Europe the figure is nine million.
You don't have to ...