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U.S. Action: Volkswagen set to provide update on settlement negotiations
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U.S. Action: Volkswagen set to provide update on settlement negotiations

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Following increasing pressures from U.S. federal and State governments, Volkswagen agreed the framework of a compensation deal for some half a million affected vehicles in the U.S. last month, and they are now set for an update after it was agreed that payouts would be made, and that repair options or buyback schemes will also be put in place for victims as well.

In the UK we’re acting for thousands of victims affected by the Volkswagen emissions scandal, yet Volkswagen are currently refusing to pay out. We’re confident we will be able to settle cases but it may take some additional time due to far less pressure from the UK government possibly slowing the action down in comparison.

The finer details of the arrangements remain unknown, and a proper agreement has yet to be sorted, but the offer of a framework is there. It’s important to know that the deal reportedly does not include Volkswagen, Audi, and Porsche 3 litre six cylinder vehicles — which amounts to around 90,000 or so vehicles.

Information in the action has been subject to gagging orders so we may never know some of the information, but the important precedent it sets may still be relevant for the UK action here. At the end of the day, VW don’t have a leg to stand on in terms of defending these claims in our view, and it is only a matter of time before we succeed. Although more vehicles are affected here in the UK than the U.S. it is suspected that an agreement was reached earlier in the States because of increasing pressures of fines from governments.

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First published by Admin on May 24, 2016 in the following categories: Emissions News
The content of this post/page was considered accurate at the time of the original posting and/or at the time of any posted revision. The content of this page may, therefore, be out of date. The information contained within this page does not constitute legal advice. Any reliance you place on the information contained within this page is done so at your own risk.

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