The Volkswagen Group will pay out £193 million to more than 90,000 UK motorists after reaching an out-of-court settlement for a seven-year litigation process relating to Dieselgate.
It's the latest payout in the wake of the scandal, which in the seven years since it broke has cost the Volkswagen Group some £26 billion in settlements, compensation, fines and buy-back schemes worldwide.
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It also won't allocate the funds directly. Rather, they will be divided proportionally among claimants by the representing law firms.
Lawyers laughing all the way to the bank. Of course Autocar has not mentioned the most crucial piece of information, namely:
they claimed they had been misled by VW about the sustainability ratings of their cars ( taken from varios other media reports ).
Not a single person I know, incuding me, bought a VW deisel or any diesel on that matter based on it's environmental credentials. We bought our cars based on 1. more mpg than petrol 2. lower VED rates and for the early adopters of derv like myself, the fact that diesel was cheaper than petrol. Nitroxide? Hardly anyone in the UK had heard of Nox gases. The manufacturer specifications you see in car brochures or online? The re was no mention of Nox gases.
As I say, lawyers laughing all the way to the bank. And given they're distributing the funds to their clients, wonder how much of a percentage they're taking?
VW stupid to use cheat devices but even more stupid giving in to ambulance chasers.
@scotty5
"Ambulance Chasers" wouldn't exist if people didn't do anything wrong. Like you, I bought a VW group car with a Diesel engine and it wasn't because of its environmental credentials. However, that doesn't detract from the fact that VW lied to us, and sold us something that wasn't what it was claimed to be. They deserve to pay, and I hope I am among the fortunate ones who benefit from this.
Maybe you are happy being lied to. Maybe you like dealing with dishonest companies. Me? Not so much.