{"id":1049,"date":"2017-11-21T14:46:06","date_gmt":"2017-11-21T14:46:06","guid":{"rendered":"https:\/\/www.caremissionslawyers.co.uk\/blog\/?p=1049"},"modified":"2017-11-21T14:49:17","modified_gmt":"2017-11-21T14:49:17","slug":"volkswagen-spend-2-19-billion-buy-back-retrofit-us-vehicles","status":"publish","type":"post","link":"https:\/\/www.caremissionslawyers.co.uk\/blog\/volkswagen-spend-2-19-billion-buy-back-retrofit-us-vehicles","title":{"rendered":"Volkswagen to spend \u00a32.19 billion to buy-back and retrofitting vehicles in the U.S. &#8211; yet STILL no compensation for U.K. victims!"},"content":{"rendered":"<p>Volkswagen Group are reportedly set to take another &pound;2.19 billion from third quarter budgets to cover the costs of its &#8220;buy-back&#8221; and &#8220;fix&#8221; schemes for cars fitted with so-called &#8220;defeat devices&#8221; in the U.S&#8230; Adding to the already monumental cost of the scandal that amounts to <strong>over &pound;15 billion so far<\/strong>. The company said they&#8217;re increasing their budget to cover these costs as it was &#8220;proving to be far more technically complex and time consuming.&#8221;<\/p>\n<p><strong><em>&#8220;Yes, we&#8217;d already assumed this may be the case&#8230;&#8221;<\/em><\/strong><\/p>\n<p>News of the additional costs has reportedly had an impact on shares, reportedly dropping by 3% as investors may be losing further faith in the company. Some sources expect the scandal to cost Volkswagen up to &pound;22.5 billion in total, yet U.K. victims are <strong>still<\/strong> neglected by the German automotive giants.<br \/>\n<!--more--><\/p>\n<h2>U.K. customers ignored&#8230;<\/h2>\n<p>The major car company was outed in 2015 for <a href=\"\/what-has-happened\" rel=\"noopener\" target=\"_blank\" style=\"font-weight: bold;\">cheating official car emissions testing<\/a> through the use of illegal so-called &#8220;defeat devices&#8221; to allow vehicles to pass strict parameters of official testing labs yet spew out way more dangerous NOx emissions of 40 times higher in real-world driving conditions.<\/p>\n<p>Volkswagen have since paid out billions in penalty fines, settlements and lawsuits in the U.S. In a bid to regain trust and confidence, the company has initiated schemes to buy-back affected vehicles or attempt to &#8220;fix&#8221; them in the U.S.<\/p>\n<p>Yet <strong>U.K. victims are being refused compensation<\/strong> because VW are trying to claim that the so-called &#8220;defeat devices&#8221; are not technically &#8220;defeat devices&#8221; in the context of U.K. and EU law. <strong>We strongly refute such assertions as absolute nonsense!<\/strong><\/p>\n<h3>What does the so-called &#8220;fix&#8221; entail?<\/h3>\n<p>A German newspaper reports that Volkswagen could get into further trouble by not properly informing authorities exactly what these so-called &#8220;fixes&#8221; entail, and how emissions controls are affected. The U.S. currently has about 500,000 affected Volkswagen group cars, and thousands of owners have had the software &#8220;fix&#8221; applied.<\/p>\n<p>However, what does the fix entail and how does it &#8220;fix&#8221; the emissions problem? Is there a compromise to the vehicle&#8217;s performance?<\/p>\n<p>CEO of U.S. VW, Hinrich Woebcken, was reportedly unable to provide answers, and when asked if the updated software was another so-called &#8220;defeat device&#8221; itself, he said &#8220;not of my knowledge.&#8221;<\/p>\n<h3>The &#8220;fix&#8221; is on for U.K. victims<\/h3>\n<p>Here in the U.K., Volkswagen have not offered a buy-back scheme, and are merely offering Volkswagen group owners the software update &#8220;fix&#8221; to apparently resolve the emissions problem. However, we are seeing a significant number of people <a href=\"\/blog\/adverse-effects-reported-following-vw-software-upgrade-fix\" rel=\"noopener\" target=\"_blank\" style=\"font-weight: bold;\">complaining about problems with vehicle performance after having this &#8220;fix&#8221; applied<\/a>; notably, increased fuel consumption, reduced power and unhealthy noises coming from the engine!<\/p>\n<p>It&#8217;s unclear exactly what Volkswagen is trying to do. In providing these so-called &#8220;fixes&#8221; that may only cause more problems and costs for owners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volkswagen Group are reportedly set to take another &pound;2.19 billion from third quarter budgets to cover the costs of its &#8220;buy-back&#8221; and &#8220;fix&#8221; schemes for cars fitted with so-called &#8220;defeat devices&#8221; in the U.S&#8230; Adding to the already monumental cost of the scandal that amounts to over &pound;15 billion so far. The company said they&#8217;re &hellip; <a href=\"https:\/\/www.caremissionslawyers.co.uk\/blog\/volkswagen-spend-2-19-billion-buy-back-retrofit-us-vehicles\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Volkswagen to spend \u00a32.19 billion to buy-back and retrofitting vehicles in the U.S. &#8211; yet STILL no compensation for U.K. victims!<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1055,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5],"class_list":["post-1049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-emissions-news","tag-volkswagen"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Volkswagen To Spend \u00a32.19 Billion To Buy Back And Retrofit US Vehicles<\/title>\n<meta name=\"description\" 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