Archive for September 6, 2016

EU Coordinating Penalties For #DieselGate

Posted in Commentary with tags on September 6, 2016 by itnerd

The European Union is apparently coordinating penalties in up to 20 EU states for #DieselGate. The Commission is working with member states to launch class-action lawsuits against the automaker, in an effort to get compensation for car owners affected by the scandal. Though Volkswagen recently reached a $14.7 billion settlement in the US — which will cover fines as well as compensation for the owners of 475,000 affected VW owners — the company says the EU lacks similar legal structures for compensation claims. Thus they’ve taken this course of action. Seeing as diesel is used in a lot of places in Europe, I do not expect the penalty to be minor. But we will have to see what the EU comes up with.