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The VW scandal

40 times the allowed amount of nitrogen oxide

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robert99 robert99 Sweden Posts: 1360
21 6 Feb 2017
Here we go ...
http://www.bbc.com/news/business-38873312
Deutsche See is one of Germany's major fish and seafood producers.

The business promotes itself as environmentally friendly, and in 2010 won an award for being Germany's "most sustainable company".

"Deutsche See only went into partnership with VW because VW promised the most environmentally friendly, sustainable mobility concept," said a statement from the company.

German media reported that Deutsche See filed its complaint for "malicious deception" at the regional court in Braunschweig, near Volkswagen's Wolfsburg headquarters.
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robert99 robert99 Sweden Posts: 1360
22 11 Mar 2017
http://www.bbc.com/news/business-39235598
Volkswagen has pleaded guilty to three charges as part of a $4.3bn (£3.5bn) agreement with the US regulators over the diesel emissions scandal.

John Neal, an assistant US attorney, told the US district court that the scheme "was a well thought-out, planned offensive that went to the top of the organisation".

Under the deal with the Department of Justice, VW agreed to major reforms and scrutiny by an independent monitor for three years after admitting to installing the secret software in 580,000 US vehicles.
...
Since the emissions scandal broke in September 2015, the car maker has agreed to pay about $25bn to address claims from owners, regulators, states and dealers in the US.

VW has come under pressure to pay compensation in other markets too, including the UK.

However, the fallout from the scandal has not stopped VW from growing its sales. Last year, it overtook Toyota as the world's best-selling car maker. (!)

(WTF?! VW should have been wound up and the executives hung from lamp posts, but people are still buying their cars? Thanks for ruining my air too folks! )
angry
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robert99 robert99 Sweden Posts: 1360
23 22 Apr 2017
https://www.nytimes.com/2017/04/21/business/energy-environment/volkswagen-diesel-emissions-sentencing.html

The criminal case against Volkswagen for its decade-long scheme to cheat on diesel emissions tests ended Friday with a scolding, an apology and $4.3 billion in penalties.

...

But the hearing in Federal District Court in Michigan was a reminder of the cloud under which Volkswagen remained.

The judge, Sean Cox, chastised the automaker for the “corporate greed” that led to its “deliberate and massive fraud” against consumers and regulators.

And while seven Volkswagen executives have been criminally charged for their roles in the scandal, the judge said more blame should be put on the company’s top management and its supervisory board.

“It’s not the management at VW, the ones who get paid big salaries and high bonuses, it’s the little guy,” he said. “The person who has really been hurt is the man or woman who labors at Volkswagen to make a car.”

The settlement of the criminal case brings the financial toll on Volkswagen to more than $20 billion in fines, penalties and other legal settlements, which include lawsuits brought by consumers who purchased cars that emitted illegal levels of harmful pollutants.

Volkswagen will also be on probation for three years and will be supervised by an independent monitor who will oversee compliance with ethics and regulatory measures. Larry D. Thompson, a former deputy United States attorney general, was appointed to the post on Friday.

In addition, the automaker has agreed to cooperate with investigations by the Justice Department and the authorities in Germany and elsewhere. More than 11 million vehicles worldwide were involved in the systematic falsification of emissions tests.

In accepting the plea agreement, Judge Cox declined to make Volkswagen pay criminal restitution to consumers in addition to a $2.8 billion fine and a $1.45 billion penalty to resolve environmental and customs-related civil claims brought by regulators.

“I do believe it does provide a just punishment for the corporation,” he said, adding that he hoped other companies would “learn from this and think twice” before breaking the law.

The automaker is required under its government settlement to buy back or repair the vehicles equipped with so-called “defeat devices” that allowed them to fraudulently pass federal emissions tests.
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robert99 robert99 Sweden Posts: 1360
24 18 May 2017
http://www.bbc.com/news/business-39948712

Prosecutors in Stuttgart say they are investigating the chief executive of Volkswagen, Matthias Mueller, in connection with the emissions scandal that erupted at the firm in late 2015.

It is the first time he has been named in connection with official investigations into the affair.

His predecessor, Martin Winterkorn, and the current VW chairman, Hans-Dieter Poetsch, are also under scrutiny.

Mr Mueller became VW chief executive after the scandal broke.

However, at the time he was a board member of Porsche SE, the holding company which owns a majority of voting shares in the Volkswagen Group.

He was also chief executive of the Porsche sports car business, a subsidiary of the VW Group and Porsche SE.

The investigation is not looking into the causes of the scandal itself, but at how the board of Porsche SE, including Mr Mueller, responded to it.

Prosecutors suspect that executives deliberately delayed releasing information to investors about the scale of the scandal, as well as its financial consequences.

A similar investigation, into possible market manipulation by executives within the VW Group, was launched in Volkswagen's home state of Lower Saxony last year.

(these people should NOT go free!)
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robert99 robert99 Sweden Posts: 1360
25 7 Jun 2018
https://www.bbc.com/news/business-44383226
Volkswagen admits it can't cope with new emissions tests

Germany's Volkswagen has warned its main factory in Wolfsburg faces temporary shutdowns later this year, owing to new emissions test standards.

It plans "closure days" to prevent a build-up of vehicles that have yet to be approved for sale.

From September, more rigorous EU standards apply, designed to replicate real driving conditions more closely.

At a meeting with unions on Wednesday, chief executive Herbert Diess admitted that meeting the new requirements, and getting new cars approved for sale, was proving a challenge.

"We will only build vehicles after the works holiday that fulfil the new standards. The deliveries will take place gradually as soon as the necessary approvals are there," Mr Diess told staff.

https://www.bbc.com/news/business-43995167

Former Volkswagen chief executive Martin Winterkorn has been charged by US prosecutors in Detroit over the diesel emissions scandal.

He has been accused of conspiring to mislead regulators about the German car maker's efforts to cheat the emissions tests of its diesel-fuelled vehicles.

Charges filed in March were revealed on Thursday, adding Mr Winterkorn to the list of accused former VW executives.

VW said it was cooperating with US probes and declined to comment further.

US Attorney General Jeff Sessions said the indictment showed that Volkswagen's scheme to cheat its legal requirements went "all the way to the top".

Mr Winterkorn, 70, resigned soon after the scandal over polluting vehicles in the US erupted in September 2015.

He is the ninth person to be hit with US criminal charges connected to the emissions cheating scandal. Two have pleaded guilty and are serving time in prison.
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robert99 robert99 Sweden Posts: 1360
26 7 Jun 2018
https://www.mauriceblackburn.com.au/current-class-actions/volkswagen-class-action/

The Stage 1 trial of these class actions took place in the Federal Court on Monday, 5 March and concluded on Monday, 19 March. Justice Foster has reserved his judgment on the Stage 1 issues and will deliver judgment in due course.  We do not know how long it will take until judgment is given – it may not be until 2019. During the respondents’ closing submissions, Volkswagen, Audi and Skoda conceded for the first time that these Australian EA189 diesel engine affected vehicles would not have passed the relevant Australian (or European) NOx emissions test limits without the use of the switching software.

https://www.mauriceblackburn.com.au/about/media-centre/media-statements/2018/vw-surrenders-on-cheat-mode-results-trial-update/

16 March 2018

A bombshell has been dropped on the final days of the Maurice Blackburn-led Dieselgate class action trial, with the vehicle giant finally conceding that their vehicles in question fail the required emissions standards tests unless operating in cheat mode - known internally within Volkswagen as ‘customer’ or ‘comfort’ mode.

As the trial enters its closing submissions phase, VW has, in its closing address to the Court finally conceded on the major point that only its ‘test’ mode was able to pass Australia’s emissions testing standards.

The trial, which is due to conclude on Monday when the Maurice Blackburn team for the plaintiffs delivers its final rebuttal and closing, has seen VW already come under intense ridicule for objecting to its own witness evidence.

Class Action Principal at Maurice Blackburn, Jason Geisker, said today’s admission from VW was a major bombshell late in the trial given VW had vigorously defended any attempts to show these vehicles would fail emissions testing without using a cheat mode.

“The admission that these vehicles fail Australia’s emissions requirements without the use of a ‘test’ mode – although blindingly obvious to everyone else – is a crucial admission from Volkswagen,” Mr Geisker said.

“This belated concession was only wrested from the company after sustained pressure and in the face of overwhelming evidence put before the Court against VW on this issue. This entire Dieselgate scandal as it impacts on Australian consumers, could and should have been resolved a long time ago. Australian motorists deserve far better from VW.

“People should have had straight answers and proper redress from the company just like their North American counterparts. VW’s corporate conduct towards Australians is abysmal.

“Only now, after more than two and a half years of continuing to push for concessions and admissions to the questions at the heart of this scandal, are we finally seeing the cracks appear and a company that is facing a closing window of opportunity to resolve this scandal before the Court decides the issue conclusively.

“This is not only a pivotal moment in the case, but clearly demonstrates the broader social benefit of pursuing rogue corporate conduct through the class actions regime we are lucky enough to have in this country.
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robert99 robert99 Sweden Posts: 1360
27 14 Jun 2018
https://www.bbc.com/news/business-44474781

Car giant Volkswagen has been fined €1bn (£880m) by German prosecutors over its diesel emissions scandal.

The Braunschweig public prosecutor found VW had sold more than 10 million cars between mid-2007 and 2015 that had emissions-test-cheating software installed.

The car firm said it did not plan to appeal against the fine.

VW said it had admitted "its responsibility for the diesel crisis".

The fine is one of the highest ever imposed by German authorities against a company.

VW chief executive Herbert Diess said by accepting the fine "Volkswagen takes responsibility for the diesel crisis,"

"Further steps are necessary to restore trust in the company and the auto industry," he added.

The fine in Germany follows a US plea agreement last year, when VW agreed to pay a criminal fine of $4.3bn to resolve criminal and civil penalties.

Analysis: By Theo Leggett, business correspondent

How serious is this for Volkswagen?

Well, it's a big fine - €1bn is not a small sum. But it pales into insignificance compared with the fines and compensation the group has had to pay out in the US - which add up to well over €20bn

If this puts an end to criminal proceedings in Europe, VW may well think it's a relatively small price to pay. The company has consistently denied that the software fitted to its cars was actually illegal under European law. Nevertheless, it will welcome the disappearance of that particular legal threat.

VW does still face a number of civil lawsuits, brought by disgruntled car owners and shareholders. It's not clear yet what impact VW's admission of "responsibility for the diesel crisis" will have on those proceedings.

But for the moment, it's possible to imagine suits in Wolfsburg breathing a heavy sigh of relief. It could have been worse.

The total cost of the scandal has been much higher. VW has set aside $30bn to pay for its US bill, which includes fixing cars, buying back cars, clean air fines, penalties and compensation.
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