Volkswagen agrees to pay $80m over skewed Porsche fuel tests

Volkswagen AG agreed to pay at least $80 million to settle Porsche buyers’ complaints that emissions and fuel economy test results were improperly skewed. Owners of specific gasoline-powered Porsches sold from 2005 to 2020 will be eligible for compensation of $250 to $1,109 per vehicle, according to a settlement agreement filed Wednesday in San Francisco…

Volkswagen AG agreed to pay at least $80 million to settle Porsche buyers’ complaints that emissions and fuel economy test results were improperly skewed.

Owners of specific gasoline-powered Porsches sold from 2005 to 2020 will be eligible for compensation of $250 to $1,109 per vehicle, according to a settlement agreement filed Wednesday in San Francisco federal court.

In the filing, the plaintiffs said “The fuel economy compensation will pay all fuel economy class members a very high percentage of their potential recoverable damages (and the vast majority of them 100% of damages”.

VW has been plagued by cheating scandals for most of this century, having designed so-called defeat devices to get around emission restrictions. By 2016 the company paid out $15.3 billion in lawsuit settlements with US regulators, car owners and 44 states covering only 2009 models and later.

“We have been working to develop a solution and to ensure customers are appropriately compensated,” Porsche said in an emailed statement. “We are committed to providing our customers with transparent fuel economy and emissions data, and the agreement ensures that customers are fairly reimbursed for any ratings changes and repairs.”

According to the most recent settlement, testing showed actual fuel economy was one to two miles per gallon lower than the company advertised.

The company also tested vehicles using lower gear ratios than in the models that it ultimately produced and sold to the public, according to the complaint. The lower gear ratios resulted in the consumption of less gasoline and emissions of fewer pollutants.

The settlement must be approved by a judge.

The case is In re: Volkswagen “Clean Diesel” marketing, sales practices and products liability litigation, 3:15-md-02672, US District Court, Northern District of California (San Francisco).

Source: Money web

ANA NEWS WIRE Disclaimer:
The African News Agency (ANA) is a news wire service and therefore subscribes to the highest standards of journalism as it relates to accuracy, fairness and impartiality.
ANA strives to provide accurate, well sourced and reliable information across Text, Images and Video. Where errors do appear, ANA will seek to correct these timeously and transparently.
The ANA platform also contains news and information from third party sources. ANA has sought to procure reliable content from trusted news sources but cannot be held responsible for the accuracy and opinions provided by such sources on the ANA platform or linked sites.
The content provided for on the ANA News Wire platform, both through the ANA news operation and via its third party sources, are for the sole use of authorised subscribers and partners. Unauthorised access to and usage of ANA content will be subject to legal steps. ANA reserves its rights in this regard.
ANA makes every effort to ensure that the website is up and running smoothly at all times, however ANA does not take responsibility for, and will not be held liable for times when the website is temporarily unavailable due to technical issues that are beyond our control.