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Dieselgate VW takes a massive hit
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Author:  edders23 [ Mon May 25, 2020 3:39 pm ]
Post subject:  Dieselgate VW takes a massive hit

https://www.bbc.co.uk/news/business-52795376

Germany's highest civil court has ruled that Volkswagen must pay compensation to a motorist who had bought one of its diesel minivans fitted with emissions-cheating software.
The ruling sets a benchmark for about 60,000 other cases in Germany.

The plaintiff, Herbert Gilbert, will be partially reimbursed for his vehicle, with depreciation taken into account

VW said it would now offer affected motorists a one-off payment. The amount will depend on individual cases.

The company has already settled a separate €830m (£743m) class action suit involving 235,000 German car owners.

VW said in a statement on Monday: "For the majority of the 60,000 pending cases, this ruling provides clarity as to how the [Federal Court of Justice] assesses essential questions in German diesel proceedings.

"Volkswagen is now seeking to bring these proceedings to a prompt conclusion in agreement with the plaintiffs. We will therefore approach the plaintiffs with the adequate settlement proposals."
VW has paid out more than €30bn in fines, compensation and buyback schemes worldwide since the scandal first broke in 2015.

Plenty of VW's on the road as taxi and PH think a few in our trade might be looking to claim

Author:  Sussex [ Mon May 25, 2020 5:49 pm ]
Post subject:  Re: Dieselgate VW takes a massive hit

Quote:
Dieselgate VW takes a massive hit

And so they should. [-X

Author:  StuartW [ Tue May 26, 2020 3:22 am ]
Post subject:  Re: Dieselgate VW takes a massive hit

edders23 wrote:
Plenty of VW's on the road as taxi and PH think a few in our trade might be looking to claim

Hopefully they'll pay out a fixed sum to all affected owners rather than having to quantify and justify individual losses.

I mean, mines was brand new at purchase, now six-years-old, and intend to keep it until it reaches the ten-year age rule.

So although I'm relatively low-mileage for the trade, when I sell it, it'll be twice round the clock, and a ten-year-old ex-taxi, so can't see its value being affected greatly by the emmissions thing, and effectively impossible to quantify.

But did cause me a fair bit of stress and worry at the time, and felt like other motorists were looking at me all the time as if I was some kind of ogre. Of course, you feel that most of the time anyway with a taxi sign on the roof, but, you know... 8-[

Author:  mancityfan [ Tue May 26, 2020 2:45 pm ]
Post subject:  Re: Dieselgate VW takes a massive hit

Don’t forget Audi,Seat and Skoda owners.

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