Lieff Cabraser Civil Justice Blog
Money Over Cars: 210,000 VW Diesel Owners Decide on Vehicle Buyback

Money Over Cars: 210,000 VW Diesel Owners Decide on Vehicle Buyback

Out of the 475,000 Volkswagen 2.0 liter diesel engine owners, approximately 210,000 individuals have chosen to partake in the $14.7 billion settlement that is awaiting final court approval. Under the settlement terms, VW and Audi owners have the option of selling their cars back to the dealership or having them fixed to meet U.S. environmental standards and clean air laws. In addition, owners will receive $5,100 to $10,000 compensation for their time and trouble during this scandal.

Consumer case Lead Class Counsel Elizabeth Cabraser from Lieff Cabraser notes that this reflects “an unusually high level of participation in a program whose deadline for filing claims doesn’t arrive until September 2018.”

Consumer Affairs reports that the Federal Trade Commission has endorsed the settlement, indicating it is fair “because owners would get payments that represent what their cars were worth prior to revelations that Volkswagen had fiddled with the emissions software.”

More than 500 federal lawsuits were filed against the German auto manufacturer and consolidated into one complaint in San Francisco Federal Court on February 22. In 2015, Volkswagen publicly admitted that it had rigged emissions production in the diesel engines of approximately 11 million vehicles worldwide. The carmaker programmed software in their diesel emissions vehicles, in order to pass clean air tests. However, these supposed “clean diesel” vehicles were polluting up to 40 times the legal limit on the road.

The final decision of the proposed VW settlement is expected to be issued by U.S. District Court Judge Charles Breyer on October 18, 2016.

Lieff Cabraser Volkswagen, Porsche, Audi Emissions Fraud Attorneys

Lieff Cabraser represents Volkswagen (and VW-owned Porsche and Audi) owners in class action lawsuits filed in federal courts in numerous states over the 2015 VW emissions fraud scandal. The case is In Re: Volkswagen “Clean Diesel” Marketing, Sales Practices and Products Liability Litigation, MDL 2672, U.S. District Court, Northern District of California (San Francisco).

For information about the compensation options available to you, please read the Court-approved notice carefully, and visit https://www.vwcourtsettlement.com/en/. There you can enter your Vehicle Identification Number (VIN) and determine if your vehicle is included. You can also access an Online Claims Portal and get individualized information about what the settlements mean for you. The Online Claims Portal will provide the fastest processing of your claim.

Learn more about the VW Settlement and your recovery here.