Wednesday, October 30, 2019

Record VW Payout In US 'dieselgate' Settlement




603 million to settle consumer protection claims from US states. The huge settlement, the biggest in a US air pollution probe, only partly resolves claims against the automaker, embroiled in a months-long scandal that has roiled the industry and tarnished the reputation of the company and its "green" initiatives. 2.7 billion environmental penalty will go into a trust fund to help curb pollution around the United States. 2.0 billion "to create infrastructure for and promote public awareness of zero emission vehicles," the court filing showed. The settlement, which must be approved by a federal judge in San Francisco overseeing the litigation, could affect some 480,000 owners of Volkswagens and Audis with 2.0-liter diesel engines. Volkswagen must recall or fix at least 85 percent of the affected cars or pay additional amounts into the mitigation trust fund, officials said. Deputy US Attorney General Sally Yates told a news conference in Washington that the investigation is not yet over. Yates noted that the settlement does not cover civil penalties for violations of the Clean Air Act or a parallel probe into the company's 3.0-liter diesel engines. She said however the deal would offer compensation to consumers and help slash air pollution.





In a statement, the German group said the settlement in federal court and the deal with 44 US states was part of its efforts to win back consumer confidence. Matthias Mueller, chief executive of Volkswagen AG. Volkswagen admitted in September that it had installed software in the vehicles to circumvent tests for emissions, enabling the vehicles to spew up to 40 times the permitted amounts of nitrogen oxides. The affected vehicles include 2009 through 2015 Volkswagen TDI diesel Jetta, Passat, Golf and Beetle as well as the TDI Audi A3. 17.9 billion) to cover costs from the scandal including the legal risks. The auto giant is facing similar charges and litigation in Europe and elsewhere for the same issues. Tuesday's settlement filed with Judge Charles Breyer would settle claims from the US government as well as a large number of plaintiffs including owners, lessees and dealers. 44,000 for some 2015 Audi models. The owners also have the option of letting Volkswagen modify the cars to meet US pollution standards, if a fix is approved by environmental officials. 10,000 depending on the vehicle. The deal also allows consumers who leased one of the affected vehicles to have the lease terminated at no cost, and calls for Volkswagen to pay off loans still owed by some owners.





A study released in October 2015 by public health researchers from Harvard and MIT found that 59 Americans will die prematurely from the excess pollution. The EPA and the United States Department of Justice announced in September 2015 that they filed a civil suit against Volkswagen for the software that caused exaggerated test result readings. The ramifications of this lawsuit are globally substantial, resulting in billions of dollars in fines, litigations and sanctions. The cost of recalling the vehicles is also enormous. Volkswagen has to also contend with over 500 class action suits from consumers, used car dealers, and dealers of competing models who claim unfair competition, and shareholder suits. 10 billion of that will be to buy back or fix the affected vehicles. 3 billion to compensate for the negative impact the cars had on the environment. 500 million in fines for defrauding customers, and the company faces a criminal inquiry with the Department of Justice. Diesel cars represented about 20% of Volkswagen鈥檚 U.S. Volkswagen owned about 70% of the whole diesel passenger car market. The company is no longer allowed to sell diesel cars for the time being, and all preowned diesel cars also must not be sold. Tabuchi, Hiroko and Jack Ewing.





The 2008 Volkswagen Jetta has 20 valves. How many valves does the 2005 VW Jetta have? The 2005 Volkswagen Jetta has 8 valves. How many valves does the 2004 VW Jetta have? The 2004 Volkswagen Jetta has 8 valves. How many valves does the 2007 VW Jetta have? The 2007 Volkswagen Jetta has 20 valves. How many valves does the 2013 VW Jetta have? The 2013 Volkswagen Jetta has 8 valves. How many valves does the 2012 VW Jetta have? The 2012 Volkswagen Jetta has 8 valves. How many valves does the 2001 VW Jetta have? The 2001 Volkswagen Jetta has 8 valves. How many valves does the 2006 VW Jetta have? The 2006 Volkswagen Jetta has 20 valves. How many valves does the 2009 VW Jetta have? The 2009 Volkswagen Jetta has 20 valves. How many valves does the 2014 VW Jetta have? The 2014 Volkswagen Jetta has 8 valves.