Volkswagen Canada reaches settlement with emissions scandal customers

By anna smith

Volkswagen Canada will reimburse approximately 105,000 Canadians affected by a recent diesel engine scandal.

The drivers of vehicles with 2.0 litre TDI engines launched a class-action suit against Volkswagen. A deal between the two parties has been reached and approved in principle. The agreement is expected to be signed on Monday in Ontario Superior Court in Toronto.  A similar court action was also taking place in Montreal.

Canadians will get their settlements if the proposed deal gets court approval in Ontario and Quebec in March 2017.

To be eligible for compensation, the 2.0 litre TDI-equipped vehicles must be one of the following:

  • VW Jetta, 2009-2015.
  • VW Jetta Wagon, 2009.
  • VW Golf, 2010-2013, 2015.
  • VW Passat, 2012-2015.  
  • VW Beetle, 2013-2015.
  • VW Golf Wagon, 2010-2014.
  • VW Golf Sportwagon, 2015. 
  • Audi A3, 2010-2013, 2015.

 

If the deal passes, owners will be able to sell their vehicles back to Volkswagen Canada, trade them in or get them fixed. Affected vehicle owners will also get between $5,100 and $8,000 in compensation, depending on the make and model of their vehicle.

"It's a huge number," said Strosberg. "No corporation has paid that money in Canadian history. It is a watershed moment." 
 

Follow @BizReviewCANADA

Read the December 2016 issue of Business Review USA & Canada magazine

SOURCE: [CBC]

 

Share

Featured Articles

How Elon Musk pulled off a $44bn hostile takeover of Twitter

As the world’s richest man, Elon Musk, takes over tech giant Twitter, we highlight the timeline that led to this titanic takeover

Amazon, Alphabet, Wells Fargo best workplaces, says LinkedIn

The top 50 workplaces to grow careers prioritise flexible work and tuition-support programs, as top-ranking firms Amazon and Alphabet prove, says LinkedIn

Top 10 women in technology in the US

These 10 women in tech are forging a path into bold areas of innovation and technological ambition, according to sister publication Technology Magazine

8 executive moves to crypto – from mainstream to startup

Technology & AI

Digital Twins tech ‘missing link’ in urban decarbonisation

Technology & AI

The Metaverse Foundry from Infosys is a business playground

Technology & AI