VW settlement and Porsche raid show Dieselgate fallout hasn’t stopped

Subscribers:
4,200
Published on ● Video Link: https://www.youtube.com/watch?v=KWCfsGR9fJE



Category:
Show
Duration: 3:01
23 views
0


Reported today on The Verge

For the full article visit: https://www.theverge.com/2020/2/28/21157551/volkswagen-settlement-porsche-raid-dieselgate-trial

Reported today in The Verge.

VW settlement and Porsche raid show Dieselgate fallout hasn't stopped

Four and a half years after the Volkswagen Dieselgate broke, the company is still facing scrutiny on two continents. In its home country Germany on Friday, the Volkswagen Group agreed to pay a settlement of nearly $1 billion to hundreds of thousands of owners who argued their cars lost value after the scandal. The same day, Porsche's offices were raided again by German police in an effort to uncover new evidence about Dieselgate.

On top of that, in America, Volkswagen has spent the last week defending itself in court against owners who declined to be a part of the automaker's multibillion-dollar Dieselgate settlement.

All of this shows that Volkswagen is still very much dealing with the fallout of Dieselgate, despite spending the years since throwing tens of billions of dollars at building up a whole new lineup of electric vehicles. The world hasn't forgotten about the fact that the automaker put 11 million vehicles on the road which purposely polluted far more than the legal limit, and that the company deceived regulators in the process.

In the Germany settlement, Volkswagen agreed to pay $912 million to owners, and the company's legal chief said it "will now do everything in our power to offer and make the one-time payments as quickly as possible," according to Bloomberg. Nearly 500,000 owners filed claims as part of the suit, and were only able to do so because lawmakers in Germany passed a law in 2018 in the wake of the scandal that allows consumer groups to file suit on behalf of customers.

The raid of Porsche's headquarters in Stuttgart, Germany was part of an ongoing investigation into the roles of current and former employees in Dieselgate. In addition to searchi




Other Videos By Colin Boyd SEO


2020-02-28Disney’s massive media empire leads to a bizarre Pixar and Simpsons team-up
2020-02-28Google and Amazon limit employees’ travel because of coronavirus fears
2020-02-28Google’s SEO Best Practices for News Publishers via @MattGSouthern
2020-02-28Snapchat, but make it professional: LinkedIn tests a Stories feature - CNET
2020-02-28How to watch the South Carolina primary results without cable - CNET
2020-02-28Who’s afraid of the novel coronavirus?
2020-02-28Apple made an ad to highlight the history of MacBooks in anime
2020-02-28Twitter was tricked into verifying a fake 2020 candidate, report says - CNET
2020-02-28Mystery ingredients in cat food manage to throw off a scientific study - CNET
2020-02-28AMD's chiplet design affords massive cost-cutting opportunities
2020-02-28VW settlement and Porsche raid show Dieselgate fallout hasn’t stopped
2020-02-28The Vaio SX12 offers too little for too much
2020-02-28Microsoft drops Cortana consumer skills in new Windows 10 update
2020-02-28YouTube creators lose about 78% of appeals to get removed videos put back up - CNET
2020-02-28Citroen Ami could be the digital age's 2CV - Roadshow
2020-02-28Porsche 911 Turbo teased ahead of digital debut - Roadshow
2020-02-28Amazon now operates seven different kinds of physical stores. Here's why - CNET
2020-02-282020 Honda CR-V: Model overview, pricing, tech and specs - Roadshow
2020-02-28In I Am Not Okay With This, being a teen girl does not get easier with superpowers
2020-02-28Amazon bans more than a million products over false coronavirus claims
2020-02-28Get a closer look at the Xiaomi Mi Mix Alpha in MKBHD’s hands-on video