About 1,400 investors have made the appeal at the regional court of Braunschweig, in Germany, asking Volkswagen to be compensated for about $ 8.2 billion as damaged parties in the scandal Dieselgate. Of this amount, about 2 billion are required by institutional investors, while the rest of the questions of the compensation comes from private investors. The Court of Braunschweig is responsible for Lower Saxony, the Land of which it is part of Wolfsburg, home of Volkswagen. The sum of the compensation asked for, is a new record in Germany.
Even the Us Government is the cause.
The prosecutor’s office in Braunschweig has done to know that other causes may come in the next few days. Monday was the first working day after the first anniversary of the outbreak of the scandal, and many investors were convinced that it was the last day to do cause. Investors accuse Vw of failing to notify promptly to the market and the problem of the software rigged on diesel engines and the potential consequences; in a statement, the company reiterated that it had always complied with the rules on the financial markets. Among the plaintiffs there is also the Government of the United States, that country is in turn investigating the company for possible offences related to the scandal; the value of the cause the Usa is estimated in 30 million euro. They asked for damages even public pension funds of the various German states.
Proceed with the call.
Proceed in the meantime to slow the recalls of cars involved in the dieselgate: so far it has been invoked less than 10% of the total of about 8.5 million
The Dieselgate also touches the vertices of the Audi
of the vehicles involved in the scandal in Europe. The list of the cars the German to bring into the workshop includes 5 million Volkswagen Golf sixth-generation Passat and the seventh series and Tiguan first series), and 2.1 million Audi, the 1.2 million Skoda, 700 thousand Seat, and the remaining light commercial vehicles. The recall involves software changes to the engines TDI, 1.2 and 2 liters, while the engines of 1.6 liters will be necessary to install a so-called flow transformer, filter to be placed at the entrance of the air duct. According to Manfred Bort, head of the campaign, Volkswagen in the Old Continent, once repaired, your car will not changes in the consumption and performance. The european campaign of the references should be completed by the middle of next year, and according to the current statistics disseminated by the same German Group 60% of clients advised in the last few months has brought their car into the garage (80% in the case of the pick-up Amarok), while in our Country the recalls have involved only 30% of the affected models.
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