Christmas is coming early for owners of polluting Volkswagen TDI models now that the automaker has agreed to pay up to $14.7 billion to settle claims in the diesel emissions scandal.
Volkswagen’s settlement with the federal government, owners and regulators will see it buy back some 475,000 2.0-liter diesel vehicles in the U.S. at pre-scandal values and offer their owners up to a cool $10,000 in extra compensation, according to figures reported by the New York Times. (Read More…)
A Seattle law firm famous for going after automakers (and lately, diesel-producing automakers) has another target in its sights: General Motors.
According to The Detroit News, Hagens Berman Sobol Shapiro filed a class-action lawsuit in California yesterday, accusing GM and Chevrolet of misleading buyers of Chevy Cruze models equipped with the 2.0-liter diesel engine. (Read More…)
As the Environmental Protection Agency readied charges against Volkswagen, the automaker’s employees were told to remove evidence related to the diesel emissions scandal, German media reports claim.
The New York Times says several Volkswagen employees told investigators that just before the scandal broke, someone in a “supervisory position” told them indirectly to remove evidence of the emissions-cheating defeat devices installed in millions of diesel vehicles. (Read More…)
The world’s oldest automaker isn’t about to let regulators pry its diesel engines from its warm, German hands.
Mercedes-Benz is rolling out a new line of oil-burning engines that will surpass even the most stringent emissions requirements, AutoExpress reports.
So stingy are the new diesels, the automaker says they’ll pass looming European Union requirements that aren’t scheduled to go into effect until 2017. (Read More…)
Owners of 2.0-liter Volkswagen diesels will have to wait a little longer before learning exactly when their rolling pariahs will leave their driveways.
The automaker is on track to meet a June 21 settlement deadline, a federal judge stated yesterday, but details on the wildly expensive U.S. buyback and compensation program won’t be made public just yet. (Read More…)
Lexus is looking to replace its aging Prius-based CT200h hybrid with a new model — possibly one that’s bigger, wider, and boxier than before.
Since it’s 2016, Lexus decided the crossover craze demands a move away from a compact hatchback design, the brand’s European chief implied when speaking to Autocar. (Read More…)
Do investors trust Volkswagen to investigate itself and lay the appropriate blame? Not these three groups.
With the financial damage of the diesel emissions scandal now clear, three large investor groups are calling for accountability and the launch of an independent investigation, Reuters reports. (Read More…)
Volkswagen must be enjoying watching its rival squirm on the end of the same hook.
German regulators have singled out GM’s Opel division over carbon dioxide emissions from some of its vehicles, but the automaker says it isn’t in the wrong.
Facing accusations that it used a ‘defeat device’ to shut off emissions controls, Opel must now submit information to an investigating committee. During a meeting yesterday, Opel executives admitted that the popular Zafira model has software that shuts down exhaust treatment systems at high speeds and altitudes. (Read More…)
It’s nowhere near the scale of the Volkswagen debacle, but Nissan is in hot water with the South Korean government over dodgy emissions from its diesel SUV.
That country’s environment ministry accuses Nissan of using a “defeat device” to disable the emissions controls on its UK-built Qashqai SUV, Automotive News reports. (Read More…)
Norway is gearing up for a legal fight, and its sights are set on a troubled automaker from Germany.
The country’s sovereign wealth fund, built from oil and gas revenues and assorted investments, plans to file a class-action lawsuit targeting Volkswagen over its diesel emissions scandal, Reuters reports. (Read More…)