sbh1973
Well-known member
Class Action Update
I came across this piece today:
http://www.sci-tech-today.com/story.xhtml?story_id=1210090DTBM7
It largely confirms what I wrote in October: this is a slam-dunk case that will likely yield a considerable payout for TDI owners. The fraud is admitted and egregious. The judge supervising the consolidated case is threatening to begin the trial this summer if VW doesn't come up with a fix within a month - they just received an extension. It's increasingly unlikely that the cars can be fixed in a way that satisfies the EPA and owners. In the end, VW is just going to have to pay - a lot - to individual owners. My guess is we'll eventually see checks between $2,000-$4000.00, the price of the diesel premium and some lost value.
I came across this piece today:
http://www.sci-tech-today.com/story.xhtml?story_id=1210090DTBM7
It largely confirms what I wrote in October: this is a slam-dunk case that will likely yield a considerable payout for TDI owners. The fraud is admitted and egregious. The judge supervising the consolidated case is threatening to begin the trial this summer if VW doesn't come up with a fix within a month - they just received an extension. It's increasingly unlikely that the cars can be fixed in a way that satisfies the EPA and owners. In the end, VW is just going to have to pay - a lot - to individual owners. My guess is we'll eventually see checks between $2,000-$4000.00, the price of the diesel premium and some lost value.