ARTICLE
16 August 2016

Volkswagen Settles "Clean Diesel" Charges To The Tune Of $14.7 Billion

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Kramer Levin Naftalis & Frankel LLP

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In the highly publicized scandal concerning "defeat devices" on certain Volkswagen (VW) diesel vehicles, VW settled environmental charges brought by the United States and the state of California.
United States Media, Telecoms, IT, Entertainment

FTC v. Volkswagen Group of America, Inc., No. 3:16-cv-1534 (N.D. Cal.)

In the highly publicized scandal concerning "defeat devices" on certain Volkswagen (VW) diesel vehicles, VW settled environmental charges brought by the United States and the state of California. It also settled charges with the FTC over the advertising campaign VW used to promote its supposedly "clean diesel" VWs and Audis; the FTC charged that the campaign falsely claimed the cars were low-emission and environmentally friendly, met emissions standards, and would maintain a high resale value. VW will be offering a buyback program to consumers, and under the FTC order, consumers will receive additional compensation from Volkswagen for the harm caused by VW's deceptive advertising. View the decision.

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