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A German Environmental Aid, Deutsche Umwelthilfe (DUH), has recently announced a lawsuit as a result of the emissions scandal arising from VW diesel engines.
Some vehicles have shown excessive nitrogen oxide emissions even after the software updates – aka the emissions “fix” – according to the Federal Managing Director of the environmental aid, Jurgen Resch.
We’re not surprised by the results, and we’re not surprised that VW are facing yet another legal action either!
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VW are doing better with admitting liability nowadays… well, in the U.S. they are!
On 10th March, VW pleaded guilty in the U.S. over the ‘dieselgate’ scandal. However, it doesn’t reflect their position in Europe. NY Times states that the ‘troubles may be just beginning’ on the continent, and we agree.
Ultimately though, victims here in the U.K. are being denied access to justice, yet our U.S. counterparts are receiving damages.
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More and more top VW executives are being subjected to investigations, and some may be criminally charged for their alleged participation in the Volkswagen Emissions Scandal.
This is the case for one unlucky executive, Oliver Schmidt, who has been charged with conspiracy for his alleged involvement in what has been the biggest automotive scandal in history.
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The media has been swamped with press releases surrounding the VW scandal across the world. A lot of the spotlight has been on the U.S. given the intensity of fines and criminal charges, and the recent compensation pay-outs to consumers.
Today the spotlight goes down under where VW Australia has allegedly pressured their owners to sign waivers in relation to the affected vehicles.
Shocking news!
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Volkswagen is set to plead guilty for several felony counts in America.
As well as paying out billions in fines and settlements, Volkswagen are set to be entering a plea agreement with U.S. authorities to plead guilty to charges, and pay a further $4.3 billion for their wrong doings.
Volkswagen has been charged for:
In the latest turn of events, VW has indicated that it may bring legal action against a former chairman, Ferdinand Piech. This was after Mr Piech allegedly informed the supervisory board about the potential cheating of diesel emission test in March 2015.
The report that was published stated that Mr Piech had highlighted the issue with the former CEO, Martin Winterkorn, and several other members of the supervisory board.
This suspiciously led to Mr Piech’s exit as Chairman.
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We’ve probably lost count of how many settlements have been made over in the U.S. since the emissions scandal erupted in September 2015.
Volkswagen (VW) has agreed to pay out over $20 (£16.1) billion in a bid to end the civil and criminal lawsuits in America over the emissions scandal. The pay-out extends to around 600,000 vehicles.
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U.S. District Judge Charles Breyer has given his approval for 625 Volkswagen dealers to be paid a fixed sum over 18 months for the negative impact of the VW emissions scandal has caused on their businesses.
Split between the hundreds of dealerships, each one will receive around $1.85 million over the year and a half period. Dealers have reportedly been hit by a mountain of complaints and abuse by disgruntled vehicle owners, and their sales have dropped dramatically due to the huge impact of the scandal on VW’s reputation. Therefore an initial sum of $270 million will be provided for prior payments and an extra $175 million will be given over 18 months for ongoing sales incentives.
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When former VW CEO, Martin Winterkorn, resigned following the emissions scandal in 2015, I’m sure he didn’t expect to be defending a lawsuit himself.
A U.S. District Judge has ruled that Mr Winterkorn must defend a suit that is brought by American pension fund investors. The suit alleges that VW are guilty of not warning or informing the market/investors ‘in a timely fashion’ about the emission scandal; instead leaving investors to find out about their pension funds after the scandal had been publicised and splashed across the news.
Following the publication of VW’s emissions scandal in September 2015, the lawsuit notes that VW’s market value for shares fell by $63 billion (£52 billion).
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We’ve been made aware that Volkswagen, via their instructed solicitors dealing with the ongoing Volkswagen Emission Scandal (“dieselgate”), is refusing to cover dealers who may be losing millions as a result of the scandal.
It’s easy to see that the dealers could lose a fortune from unsold vehicles and being forced to lower prices as a result of any impact caused by the emissions scandal. It only seems fair that dealers – whether they’re general or independent dealers, or dealers who specifically only sell Volkswagen, Audi, SEAT, and Skoda vehicles – be compensated for their costs and losses.
Sadly, they’re in the same boat as the rest here in the UK, as it appears that Volkswagen UK are intent on not only refusing compensation to vehicle owners, but also to dealerships across the country too.
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Amid all the VW investigations and settlement talks, the criminal investigations may have had slightly less media. The update on the criminal side is that a former-VW employee, as the first person to face U.S. criminal charges for the VW emissions scandal, has had his sentencing delayed.
It appears that U.S. District Judge Sean Cox may have cut the engineer, James Liang, some slack as his sentencing date has been pushed back from 1 February 2017 to 3 May 2017. The strategy for doing so was highlighted in Judge Cox’s delay order to “allow more time for defendant’s cooperation in the investigation”.
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After the U.S., it’s arguable that South Korea has become one of the strictest enforcers on the VW Group; and it continues as they have banned the sale of some Nissan, BMW and Porsche (a part of the VW Group) models.
The ban has come as a result of several automakers reportedly fabricating certification documents to make them ‘road worthy’, which has come out off the back of the ongoing VW emissions scandal.
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