US sues VW for $20-billion .

FNfal

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This is the beginning of the hurt for VW , there is much more to come .

"New York - The US government sued Volkswagen on Monday for installing equipment on nearly 600,000 diesel cars that intentionally subverted clean-air regulations, resulting in excess harmful emissions.

Civil penalties in the lawsuit, filed by the Justice Department on behalf of the Environmental Protection Agency, could run well above $20-billion, according to the suit.

40 times the legal limit

The complaint alleges that the big German automaker intentionally installed electronic "defeat devices" on its diesel VWs, Audis and Porsches that met tough US environmental tests during official reviews, but spewed up to 40 times the legal levels of poisonous pollutants when on the road.

Even after US officials announced charges against VW for installing defeat devices on 2.0 litre diesel cars, VW failed to disclose similar violations on 3.0 liter diesel cars. On November 23, VW acknowledged that the larger cars also employed a defeat device, the complaint said."

http://www.wheels24.co.za/News/emissions-scandal-us-sues-vw-for-20-billion-20160105

Many many more suits to come .

This company could fall, I have said it before and i will say it again .
Paying this kind of money will just add too much to the price of the cars and products .
After all the suing i recon it will be close to 50 billion VW will have to pay , that will be Europe , UK , Australia , Japan , china , ETC. they are all going to want their pound of flesh .
 
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This company could fall, I have said it before and i will say it again .
Paying this kind of money will just add too much to the price of the cars and products .
After all the suing i recon it will be close to 50 billion VW will have to pay , that will be Europe , UK , Australia , Japan , china , ETC. they are all going to want their pound of flesh .

Toyota was sued for $58 billion, and they settled on $34 million.
 
"Frankfurt, Germany - Embattled automaker Volkswagen expects to have to buy back around 115 000 diesel vehicles in the US that are affected by the company's huge pollution-cheating scandal, the daily Sueddeutsche Zeitung reported on Thursday.

Quoting sources inside the company, the newspaper said that VW expected to have to buy back around one fifth of the affected cars in the US, which totalled around 580 000.

VW is currently engulfed in a scandal of global proportions after it was forced to admit in September 2015 that it installed pollution-cheating software in 11 million diesel engines worldwide."

http://www.wheels24.co.za/News/emissions-scandal-vw-to-buy-back-115-000-diesel-cars-20160107
 
I read the article and thought Donald Trump was the cause until near the end:
"Locals have complained of headaches, sore throats, nosebleeds and nausea, caused by the rotten-egg smell of the odorant added to the gas to aid leak detection by SoCalGas, the utility that operates the natural gas storage site."
 
VW will be fine. It's a massive player in the German economy. Germany will bail them out if need be. Would be a lot better use of money than trying to bail out Greece.

People have and always will like their cars. It's not the popularity vote they need to win here, just surviving the vultures in suites. I mean the company was formed in nazi Germany and people still like it.
 
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VW will be fine. It's a massive player in the German economy. Germany will bail them out if need be. Would be a lot better use of money than trying to bail out Greece.

People have and always will like their cars. It's not the popularity vote they need to win here, just surviving the vultures in suites. I mean the company was formed in nazi Germany and people still like it.

Yup yup...watch James May's Cars of the People (2014) for some good insight
 
Im not a big VW fan. . But heard that the VW CEO said that they have started saving for this type of law suit long ago ans wont have any problems paying the fine.
 
Just saw an article that the Attorney General in New York and Connecticut are upset because VW is refusing to turn over internal documents and citing German privacy laws. Do these AGs seriously think that the German company will just happily give over documents when it violates the law of the country that they're from? :wtf:
 
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