As reported by Law360, On June 29, 2022, U.S. District Judge Charles R. Breyer for the Northern District of California granted preliminary approval to a proposed $80 million settlement aimed at resolving driver claims that Volkswagen and Porsche manipulated nearly 500,000 gasoline-powered Porsche vehicles to overstate their advertised fuel economy and make them seem more eco-friendly than they actually were by securing fraudulent emissions certifications.
Plaintiffs claim that Volkswagen AG, its luxury line Porsche AG and Porsche Cars North America Inc. used “creative engineering” manipulations that left Porsche owners with vehicles with worse fuel economy than advertised while at the same time failing to meet emissions standards.
Lieff Cabraser partner Elizabeth Cabraser, who serves as Lead Counsel for the plaintiffs, told the Court that the deal was a “comprehensive settlement” for all affected Porsche vehicles.
“Volkswagen and Porsche want to be as environmentally sound as they can,” Cabraser noted.
If the proposed settlement gains final approval from the Court, U.S. Porsche owners and lessees with a gas-powered Porsche vehicle from model years 2005 to 2020 will receive varied payments depending on vehicle class, length of possession, and the vehicle’s revised fuel economy ratings.
The Court scheduled a final approval hearing for October 21, 2022.
Read the full article on Law360’s (subscription) website.
Learn more about the Porsche Emissions & Fuel Economy Complaints class action here.