Volkswagen Diesel Gate - a quick overview
The VW "Emission Scandal" became known to the public in 2015 when the United States Environmental Protection Agency (EPA) started investigations against the car maker. It has been found, that Volkswagen had intentionally manipulated TDI diesel engines to meet stringent emission standards under laboratory conditions. However, during normal driving conditions, their cars emitted up to 40 times (!) more NOx.
An estimated number of 11 million vehicles are worldwide affected by this grand scale cheating.
Volkswagen Group CEO Martin Winterkorn resigned. Later he was charged with fraud and conspiracy in the US. Other key managers have been suspended as well and had to face criminal charges.
VW formally admitted guilt and agreed to pay fines in several, parallel running prosecutions.
The total amount of fines is currently an unknown (ever growing) amount, in the range of billions of Euro.
Private actions and outcomes in the US
Our US colleagues did not wait long to react.
The first class-action lawsuits were filed in 2015.
A year later Volkswagen agreed to pay $ 15,3 billion as part of the deal. By then, it was the highest amount ever paid in a class action process by a car maker in the US.
$ 10 billion were supposed to be paid to affected car owners. But that's not all. Car owners are entitled to receive free repair, or they can return their car at an estimated value before the scandal began. Leasing contracts can be terminated without extra charges. Furthermore, clients get compensation $ 5.000 - 10.000 for each car. Finally, if that should not be enough, one can still decline the offer and start a litigation case against VW.
Above would be a dream outcome for clients in many other countries. But the case is not over yet.
The Process finally starts in Germany: 26.11.2018.
The best jurisdiction system to take legal steps against Volkswagen AG in this case is undoubtedly in the US.
The second best, however is probably in Germany.
The car makers have their headquarters located here, the jurisdiction is stable, transparent and consumer protection is highly acknowledged. Last but not least, once the process gets going it is expected to end sooner than in other countries.
But there's a problem. It almost came too late. We've only got little time left to react. Good news though, you can register here and now, without any risk.
Now it's your turn to join the process and ask for compensation.
Finally, please help us spread the word by sharing this story. The more people know about this, the better chances we have.
But what about Software Updates? This should solve the problem, or not?
First of all, an update (whether done or not) doesn't interfere with your right to compensation.
At the same time however, you don't need to be a rocket scientist to see the problem behind.
Engine development is the most complex and costly factor of car manufacturing. Engineering, modeling and testing phase takes years and millions of Euros.
Four fundamental factors inevitably influence each other: durability of the engine, fuel economy, performance output and emission levels. The real art of engine manufacturing is to find the perfect balance.
How can anyone realistically think, that to change one of these will not change the others? In other words, if those engines can perform optimally with lower emission levels, why weren't they manufactured like that?
Quote from Michael Horn (Volkswagen US CEO) who testified at a public hearing in the US. (Source: USA TODAY - 8.10.2015):
Fixes to the vehicles involved in the scandal will likely preserve fuel economy ratings but "there might be a slight impact on performance,"
For those that don't read between the lines, we have bad news. This may likely have slight impacts on you, too.
What can you expect and when?
Anyone who claims to know this is guessing only.
Right now there are more questions than facts.
A common strategy of large corporations in similar cases is often to make life as difficult as possible for claimants to achieve a deterrent effect.
But two things are entirely clear: there's a justified basis for compensation and there's nothing to lose.
Unless an out-of-court settlement is reached (which is not very likely), the process will take approximately 3-4 years.
Pessimistic expectations estimate returns amounting 7% of the purchase price, while optimists think 25% could be reached as well.
What makes our offer special?
First and foremost:
no costs for you, unless we successfully regain compensation.
The risk is ours.
We don't speak and write "hard-to-understand-legal-jargon".
Everything that can be explained in an easy-to-understand and short way,
should be described and agreed upon so.
We have long been specialists in Class Action cases.
Our team of experts working on three continents,
have the necessary experience, knowledge and agility
to get the best out of your case as well.
We have the financial resources to ensure,
that this case will never run out of money
(which, by the way, the biggest danger is).
Why should I take action, at all?
Some do it for money.
Some do it for justice.
Some do it motivated by environmental awareness.
Some have all these motivations together, and for those that have none (yet), we suggest to try and figure out how the value of their used diesel vehicle will depreciate in the next coming years when vast numbers of unwanted diesel cars will be thrown on the market.
Do you realize, that an increasing number of diesel-no-go-zones are being announced one after the other?
A process accelerated by the Diesel Scandal, too.
We are at home in Class Action Lawsuits - around the World
No matter where you are located, we can help you.
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