Posted on 06/27/2016 8:28:14 PM PDT by dennisw
Volkswagen has agreed to pay up to $14.7 billion to settle claims stemming from its diesel emissions cheating scandal, in what would be one of the largest consumer class-action settlements ever in the United States.
The proposed settlement involving the federal government and lawyers for the owners of about 475,000 Volkswagen vehicles, includes a maximum of $10.03 billion to buy back affected cars at their pre-scandal values, and additional cash compensation for the owners, according to two people briefed on the settlement’s terms.
The cash compensation offered to each car owner will range from $5,100 to $10,000. Both the buyback price and amount of the additional compensation will depend on the cars’ value before Volkswagen’s public admission last September that its supposed “clean diesel” cars had been deliberately designed to cheat on air-quality tests.
Despite the scope of the deal, which would still require the approval of the federal judge overseeing the case, the settlement would cover only a small fraction of the 11 million diesel cars worldwide — most of them in Europe — that Volkswagen has acknowledged contained the cheating software.
But in the United States, “It’s a remarkable deal for Volkswagen owners who were defrauded by the company,” said David M. Uhlmann, a former chief of the Justice Department’s Environmental Crimes Section who is now a law professor at the University of Michigan.
Rather than sell their vehicles back to Volkswagen, car owners in the United States can also choose to have their vehicles fixed to meet emissions standards, although doing so would probably reduce the engines’ performance and gas mileage. And the methods for fixing the vehicles that Volkswagen has proposed are still subject to approval by the Environmental Protection Agency, one of the federal parties to the case.
(Excerpt) Read more at nytimes.com ...
Would have anything against these TDI diesel VWs being driven outside cities and the denser suburbs? I would not. And these days this is easily monitored via GPS positions. Recorded GPS or in real time transmitted to a monitor
The issue is NOT the amount of pollution these vehicles emit. The issue is that the company intentionally falsified test results. This allowed them to sell cars that had much better fuel economy and much lower cost than competitive cars. This is a felony. VW should not only be required to compensate the owners for lost value, but the perps should be jailed.
In fact, I DID say what you set out to "prove"
And, BTW ... neither of those ads are really any gross violation of any law or directive
Here;
"Free Republic is the premier online gathering place for independent, grass-roots conservatism on the web."
An opinion that, if there was an environmental directive determining "premier" ... we might lose the case
Most consumers couldn't care less whether or not their vehicles were emission compliant. However, most REALLY care what their fuel costs are. The cars are illegal to drive or sell as is, and retrofitting the cars substantially reduces their fuel economy.
Unless there is a dramatic difference ... I’m not going to know I should get 27 MPG when I’m getting 26
There IS a dramatic difference. Try 30 vs. 45 mpg. The VW cheating allowed them to go without urea injection. They did this by detecting the emission test conditions looking at the difference between front and rear wheel speeds (the emission test only turns the driven axle). They then dramatically altered the injection of fuel only during the emission part of the test. There is no way they can retrofit a urea injection system in a vehicle not designed for one due to the sizes of the injection pump, plumbing, and urea container. The alternative is to force the engine programming that was used only during the emission test which dramatically reduces fuel economy.
Yet GM can kill people with their ignition switches.
Guess VW should have let the UAW in. /s
cheers
Jim
GM RECALLED all those vehicles, millions of them.
If I pee in the tank I pick up 15 MPG ?
And VW neglected to install ...
(I can't find one single photo of a troop transport pee tube on the internet ... I KNOW they exist ... I used 'em)
It was far worse than lying. VW intentionally cheated on the test, allowing vehicles to be sold with much better fuel economy than what would be possible with the low-cost emission system used on the cars. This is a felony which could jail dozens of the knowledgeable cheaters, cost fines of billions of dollars, and still require the cars to be fixed.
Do you (Advil1000) rally want VW to be allowed to sell cars that fail emission and fuel economy regulations while everyone else must meet the law, under penalty of fines and jail?
I appreciate your attempt at humor here, but it certainly exposes your complete and total ignorance of vehicle emission control systems, fuel economy standards, and vehicle engineering.
Yep .... yer right
It ain’t what ya’ know, it’s what ya’ know that ain’t so that gets ya’ into the most trouble.
Eventually, under duress.
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