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Volkswagen continues to claim that with enough time, it can figure out a way to fix 85,000 high-end diesel vehicles in the U.S. without having to buy them back. There’s a problem, though. Time is running out.
After the presiding over yesterday’s settlement deal between Volkswagen and its dealers, a U.S. District Court judge gave the automaker two months to submit a fix for its 3.0-liter TDI models, Reuters reports. Read More >
It didn’t take long for sources to squeal about the size of the settlement forged yesterday between Volkswagen and its ornery U.S. dealer network.
According to people familiar with the deal, 652 VW dealers will share about $1.2 billion to offset losses from unsold vehicles and sunk costs, Bloomberg reports. But cash is only one part of the company’s plan. The other involves its customers’ wallets. Read More >
There’s money to be made when automakers screw up.
Sometimes, being part of a class-action lawsuit isn’t enough, and you’ve got to wage a Charles Bronson-like battle for personal justice. That’s what newly unemployed actor Thomas Gibson is doing. His target? The maker of his Audi SUV. Read More >
Lawyers representing U.S. Volkswagen owners claim European auto parts supplier Bosch was a willing accomplice in the scheme to deceive diesel buyers and regulators.
The scandal forced the automaker into a $15.3 billion settlement in the U.S., but its corporate partners escaped relatively unscathed. That might not be the case anymore, Bloomberg reports. Read More >
Mercedes-Benz Canada’s surprise reveal of a diesel-powered C-Class Wagon at January’s Montreal International Auto Show has not been followed by the car’s arrival in Mercedes-Benz showrooms. Nor is it about to be.
Only yesterday we listed the C-Class Wagon, intended to go on sale in Canada as the C300d 4Matic, as one of eight cars Canadians have access to that Americans don’t. Recognizing that the 2017 C-Class Wagon wasn’t yet featured on the company’s Canadian website, our curiosity was further piqued by TTAC reader bortlicenseplate, who suggested that, “the C-Class Wagon is no longer Canada-bound.”
bortlicenseplate is mostly right. Mercedes-Benz Canada still intends to import the C300d 4Matic Wagon, but Mercedes-Benz Canada spokesperson JoAnne Caza told TTAC yesterday, “We’re still waiting for certification.” Read More >
Three unapproved software programs were found on Volkswagen, Audi and Porsche models outfitted with 3.0-liter diesel engines, a German newspaper reports.
The publication Bild am Sonntag said that U.S. authorities discovered the software, though it didn’t reveal a source for the information, according to Reuters (via Automotive News). Read More >
Volkswagen of America has a new head honcho in charge of product and marketing, and he’ll have his work cut out for him.
Today, Volkswagen named Dr. Hendrik Muth as the new vice-president of product marketing and strategy for its beleaguered U.S. division. His job? To sell vehicles. Ideally, lots of them. Read More >
With its diesel-powered competition sidelined by scandal (and soon to be scrapped), General Motors sees a big window of opportunity for its new Chevrolet Cruze diesel.
Rather than being worried about consumer sentiment in the wake of Volkswagen’s emissions scandal, GM can’t wait to put the moves on the legions of spurned diesel diehards, Automotive News reports. Read More >
Consider it a low point in German-Korean relations.
Thanks to the diesel emissions scandal, South Korea just decertified about 68 percent of all Volkswagen, Bentley and Audi vehicles sold in that country over the past decade, Reuters reports. The country also revoked the certification of 80 model variants and leveled a large fine, meaning VW’s one-time Asian market breakthrough is truly busted. Read More >
Volkswagen’s multi-billion-dollar make-nice deal with U.S. regulators and owners was given a tentative green light today, after a federal judge gave the settlement his preliminary approval.
The San Francisco hearing is the first of two, and approval of the $14.7 billion buyback and compensation plan could get a full go-ahead on August 25. The hearing shed light on what owners of defeat device-equipped diesels can expect in the coming months. Read More >