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Home / Business / VW Group pays $ 96.5 million to settle inflated fuel economy lawsuit – TechCrunch

VW Group pays $ 96.5 million to settle inflated fuel economy lawsuit – TechCrunch



VW Group of America said Friday that it has reached an agreement with thousands of US customers for alleged fuel economy information of about 98,000 gasoline-powered cars from the four brands, Audi, Bentley, Porsche and Volkswagen.

The agreement provides alleged fuel economy error information of 98,000 vehicles, or approximately 3.5% of the 2013-2017 model year VW Group vehicles sold or leased in the United States. The fuel economy will be reworked to reflect a one-mile-per-gallon discrepancy when rounded to U.S.-specific requirements for the "Monroney" label, according to EPA.

Most vehicles affected by the fuel economy exaggeration were from Audi, Bentley and Porsche, including the 201

3, 2014, 2015 and 2016 Audi A8L, RS7 and S8 vehicles. Other affected models include variants of the Porsche Cayenne, such as the Cayenne S and Cayenne Turbo.

Volkswagen does not admit wrongly according to the terms of the settlement.

Eligible customers will receive payments from $ 5.40 to $ 24.30 for each month. the vehicle is owned or leased. The total value of the settlement, which is subject to court approval, is $ 96.5 million, according to VW.

Volkswagen Group in America will also adjust its Greenhouse Gas credits to account for any excess credits related to fuel economy discrepancies.

Potential claimants will have to file a claim to receive compensation. However, owners do not need to take action at this time. Individual class members will receive information about their rights and options (including the option to "opt out" of the agreement) if the court grants preliminary approval of the proposed agreement, according to VW.


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