Post by VWCA_Adman on May 17, 2017 12:55:09 GMT -6
Judge Approves $1.22 Billion 3.0-liter V-6 TDI Deal
May 11, 2017: The VW Group will pay $1.22 billion to fix or buy back about 80,000 3.0-liter TDI vehicles sold in the USA. The deal, approved by a federal judge provides Audi, Porsche and VW owners of vehicles such as the Touareg TDI $7,000-$16,000 in compensation. Vehicles involved must be bought back or fixed. If the VW Group cannot develop approved fixes, penalties could increase to $4.04 billion.
Judge Charles Breyer also approved Bosch’s settlement to pay $327.5 million to owners of VW TDI vehicles for its involvement in developing the emissions evading engines. Bosch admits no wrongdoing.
VWoA Appoints Compliance Officer
VWoA named Stephanie Davis as its chief compliance officer. Davis, a KPMG (an auditing firm based in the Netherlands) director has worked on compliance issues.
Audi/Porsche Recall Expands: 292,000 Vehicles Pose Fire Risk
VWAG expands its recall of Porsche and Audi vehicles due to a fuel pump defect that could result in fire. The fuel pump flange on certain Macan, Q5 and Q7 models may crack, leak and possibly result in a fire. Vehicles involved were built as early as 2012 and as late as 2017. Dealers will apply a protective film to a fuel pump component or replace it if cracks are found. The recall begins on July 2.
VW’s Tenn. Plant Labor Practice Complaint
May 13: The U.S. National Labor Relations Board filed an unfair labor practices complaint against VW for increasing health insurance premiums and changing working hours for a group of skilled workers who voted for union representation in 2015. VW spokesman Scott Wilson says the company disagrees with the NLRB’s decision to separate skilled workers from the rest. The UAW claims VW refuses to bargain with the union.
May 11, 2017: The VW Group will pay $1.22 billion to fix or buy back about 80,000 3.0-liter TDI vehicles sold in the USA. The deal, approved by a federal judge provides Audi, Porsche and VW owners of vehicles such as the Touareg TDI $7,000-$16,000 in compensation. Vehicles involved must be bought back or fixed. If the VW Group cannot develop approved fixes, penalties could increase to $4.04 billion.
Judge Charles Breyer also approved Bosch’s settlement to pay $327.5 million to owners of VW TDI vehicles for its involvement in developing the emissions evading engines. Bosch admits no wrongdoing.
VWoA Appoints Compliance Officer
VWoA named Stephanie Davis as its chief compliance officer. Davis, a KPMG (an auditing firm based in the Netherlands) director has worked on compliance issues.
Audi/Porsche Recall Expands: 292,000 Vehicles Pose Fire Risk
VWAG expands its recall of Porsche and Audi vehicles due to a fuel pump defect that could result in fire. The fuel pump flange on certain Macan, Q5 and Q7 models may crack, leak and possibly result in a fire. Vehicles involved were built as early as 2012 and as late as 2017. Dealers will apply a protective film to a fuel pump component or replace it if cracks are found. The recall begins on July 2.
VW’s Tenn. Plant Labor Practice Complaint
May 13: The U.S. National Labor Relations Board filed an unfair labor practices complaint against VW for increasing health insurance premiums and changing working hours for a group of skilled workers who voted for union representation in 2015. VW spokesman Scott Wilson says the company disagrees with the NLRB’s decision to separate skilled workers from the rest. The UAW claims VW refuses to bargain with the union.