Lawsuits could force VW to buy back cheating diesels
Although dealerships in the USA and Canada are unable to sell any diesel vehicles, there hasn’t been a mass exodus from showrooms, thanks to dealer and customer incentives.
Volkswagen said in a statement that the outlook for its sales and employment levels remained uncertain, after it reported lower September deliveries on Friday, for its core autos division as also the 12-brand group as a whole.
According to a few analysts, the scandal could cost could hit the company to the tune of 35 billion to cover vehicle refits, regulatory fines and lawsuits. A new column from CAP published today recommends that potential penalties from the Volkswagen pollution scandal be directed to the Diesel Emissions Reduction Act, or DERA, program that has contributed to cleaning up tens of thousands of dirty diesel engines and has generated billions of dollars in health benefits.
More than three in four drivers want to see the Government bring in new tests on vehicle emissions and fuel economy in light of the Volkswagen scandal, a survey has found.
Vehicle makers across the industry could be seeing brand perception affected by the Volkswagen emissions scandal after a Which? survey found that eight in 10 people anticipate more manufacturers to be drawn in. Now the company, the largest automaker in Europe, has already announced it would recall 8.5 million cars across its various brands on the home continent.
First, though, Volkswagen will have to find a way to address the emissions-cheating software it installed on 11 million diesel cars worldwide.
From the survey of over 2,000 people (1,600 of whom were auto owners), 19 per cent thought the government has put in place a clear action plan in place.