Published

Bosch Finalizes Diesel Cheating Settlement in U.S.

Robert Bosch GmbH and its U.S. affiliate have finalized a $327 million customer compensation settlement relating to its role in Volkswagen AG’s diesel emission cheating.
#legal

Share

Robert Bosch GmbH and its U.S. affiliate have finalized a $327 million customer compensation settlement relating to its role in Volkswagen AG’s diesel emission cheating.

The agreement, which was approved by the U.S. District Court in San Francisco, will pay owners of Audi, Porsche and Volkswagen brand vehicles that are equipped with 2.0-liter or 3.0-liter diesels. Lawyers representing consumers seek 16% of the settlement, or $52 million, to cover fees and expenses.

Bosch’s payments are in addition to compensation agreements made separately for the two engine sizes by VW. Eligible current or former owners and lessees have between April 1 and Dec. 31 to file a claim, depending upon their status.

Details about the Bosch agreement are HERE or at www.boschVWsettlement.com.

RELATED CONTENT

  • Aluminum Sheet for EV Battery Enclosure

    As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions

  • On Military Trucks, Euro Car Sales, Mazda Drops and More

    Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.

  • On Traffic Jams, Vehicle Size, Building EVs and more

    From building electric vehicles—and training to do so—to considering traffic and its implication on drivers and vehicle size—there are plenty of considerations for people and their utilization of technology in the industry.

Gardner Business Media - Strategic Business Solutions