September 19, 2020

Volkswagen offers coupons of up to 10,000 euros for old diesel cars

Volkswagen offers coupons of up to 10,000 euros for old diesel cars


Updated:

It was the company in which the scandal of the trucaje of the diesel cars jumped and has been the last in concretizing a Plan Renove to which the German government has forced to the companies of the sector. According to the German press, Volkswagen will offer one million German owners as of November 1 Vehicle repurchase coupons up to 10,000 euros, depending on the model. The offer is for all diesel cars of the group's brands, which includes Volikswagen, Skoda and Audi with engines subject to the old regulations E1 to E4. The coupons will be made effective in the purchase of a new car and the old ones, after their delivery to the company, will go to the scrapping.

In addition, in the 14 German cities with more problems of concentration of gases in the atmosphere, over which threats of prohibition of driving for this type of vehicles weigh, as Hamburg, Stuttgart and Berlin have already announced, Volkswagen offers a special financing program cheap The government of Angela Merkel has also demanded to the sector the implementation of a program of change of components and hardware in charge of the manufacturer and that it allows to continue circulating to the cars of normative E5 according to the limits of established emissions, but with respect to this point There is no information from Volkswagen, which expects to finalize the details in the next few hours.

The aim of all these measures is to prevent the spread of the network of traffic bans that are already being issued by the German courts and that are giving the finishing touch to the diesel market. The group has been forced by the government of Berlin to launch this plan while its brands, progressively, are unmarked of diesel. Audi has agreed this week an agreement with Munich prosecutors to pay 800 million euros and thus end the process in court, while it has modified its launches for 2019 with more hybrid cars. This has happened after its president, Rupert Stadler, was arrested and later dismissed from his post.

Porsche, for its part, has directly announced that will stop producing diesel vehicles. The company will now focus only on gasoline, electric and hybrid engines. The CEO of the company, Oliver Blume, explained that Porsche is not "demonizing diesel" because "it is and will continue to be an important propulsion technology". But, he adds, "as a manufacturer of sports cars for which diesel has always played a secondary role, we have come to the conclusion that we would like our future to be diesel-free." Porsche has made this decision after German authorities discovered that between 2007 and 2015, the company sold more than 10 million cars with a fraudulent emissions test system, resulting in millions in fines for VW. In addition to several arrests and dismissals among the group's managers, Matthias Müller was dismissed as world president of VW and as a strategist for Porsche.

For the German consumer platforms, however, these measures are still insufficient, especially in comparison with those imposed by the Trump Administration in the USA, where German companies have been forced to buy back the counterfeit cars at the same price. that they sold them and where they have had to pay, in addition, multimillionaires fines.

The German consumer protection association Vzbz (The Federation of German Consumer Organization) has presented together with the ADAC automobile club, a class action lawsuit against Volkswagen for the 'dieselgate'. Vzbz is seeking compensation for the two million Volkswagen diesel car owners "who are not as respectful of the environment as the company said at the time of purchase". According to the German law, those affected have until the end of 2018 to claim damages.

Investors and shareholders represented in 1,670 lawsuits also claim the German manufacturer 11,000 million dollars (9,500 million euros) for not having been informed of the deception and thus avoid the loss of value of their shares. "Volkswagen should have warned the market that it committed manipulation and created risks worth billions of dollars," defends the plaintiffs' lawyer, Andreas Tilp, before the regional court in the German city of Brunswick. Investors look for uNo compensation for a fall in the price of Volkswagen titles caused by the scandal, which came to light in 2015 and has cost the German firm 27,400 million euros in fines and calls for vehicle checks to date.

Volkswagen has admitted systematic fraud in the emissions of its vehicles, but denies having made an error in terms of disclosure. "This demand is solely and exclusively on whether Volkswagen complied with its disclosure obligations with shareholders and financial markets, and we are sure that this is the case," the company maintains.

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