diesel emissions scandal News

VW Judge ‘Strongly’ Favors $14.7B Settlement

Volkswagen AG and car owners will likely secure a federal judge’s final sign-off on their $14.7 billion settlement as the automaker continues to seek regulators’ approval of a fix for 482,000 pollution-spewing vehicles still on U.S. roads. U.S. District Judge …

VW Gets Initial Approval for $14.7B U.S. Emissions Settlement

Volkswagen AG’s $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle on Tuesday, as a federal judge gave the automaker preliminary approval to buy back up to 475,000 vehicles. U.S. District Judge Charles Breyer in …

Volkswagen’s Diesel Emissions Settlement Will Cost $15B

Volkswagen AG’s settlement with nearly 500,000 U.S. customers and government regulators over polluting diesel vehicles is valued at more than $15 billion cash, two sources briefed on the matter said on Monday. The settlement, to be announced on Tuesday in …

Volkswagen Owners Can Choose a Buyback or Repairs

The owners of nearly half a million polluting Volkswagens in the U.S. will have the option of selling them back to the company or getting them repaired at VW’s expense, under a deal announced Thursday by a federal judge. The …

German Automakers Face Huge Costs, New Probe

It was a bad week for German automakers. Volkswagen said Friday that a diesel emissions-cheating scandal would cost it an astounding $18.2 billion just for 2015, while Daimler revealed that U.S. authorities are sniffing around its tailpipes. Both companies saw …

VW Diesel Fix Deadline is April 21

A federal judge on Thursday gave Volkswagen AG and U.S. regulators until April 21 to agree on a fix for the nearly 600,000 diesel vehicles on U.S. roads caught up in VW’s massive emissions cheating scandal. U.S. District Judge Charles …

Ex-Worker Suit Alleges Volkswagen’s U.S. Unit Destroyed Evidence

Personnel at Volkswagen AG’s U.S. unit in Michigan destroyed evidence after the U.S. announced last year that the company had installed illegal devices on hundreds of thousands of vehicles to cheat emissions tests, a former employee said in a lawsuit. …

Ex-Politician, Lawyer John Edwards Vying for Lead Role in Volkswagen Suit

Among the more than 140 plaintiffs’ lawyers competing to lead private litigation against Volkswagen over its emissions cheating scandal is former U.S. Senator and Democratic Vice-Presidential candidate John Edwards. Edwards, who was a trial lawyer in North Carolina before his …

Feinberg Nominated as Settlement Master by VW Owners’ Lawyers

Consumer lawyers suing Volkswagen AG over economic losses tied to vehicles rigged to cheat emissions tests have nominated Kenneth Feinberg as a special settlement master. Feinberg handled General Motors Co.’ ignition switch fund, as well as compensation for victims of …

Since Volkswagen Admitted Liability, Diesel Emissions Fraud Suits Will Likely Settle Early

Since the day it came out that Volkswagen AG cheated diesel-emissions tests, U.S. consumers have been suing and lawyers have been wrangling over where the cases will be heard. But for the cars’ owners and Volkswagen, that fight – the …