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Daimler, BMW & Volkswagen Diesels

Daimler, BMW & Volkswagen Diesels

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Daimler, BMW & Volkswagen To Upgrade Millions of Diesels

Automobilemag.com reported that

[a]t a conference with regulators this week, German automakers BMW, Daimler, and Volkswagen agreed to offer upgrades on nearly 5 million diesel models in an attempt to reduce nitrous oxide emissions by at least 25 percent. They will also offer trade-in deals to customers who own older diesel vehicles. By doing this, they hope to avoid driving bans that have been threatened in several cities around Europe.

Automobilemag.com also reported that “Volkswagen will reportedly recall 3.8 million vehicles for upgrades, while Daimler will recall 900,000, and BMW will recall 300,000.”

Daimler, BMW & Volkswagen – Promise to Introduce Measures to Reduce Emissions 

The Irish Times reported that

[t]his week’s stage-managed “diesel summit” in Berlin did little to clean up the tarnished image of the German auto giants. Choreographed presentations from the bosses of BMW, Daimler and VW Group promised to introduce measures to reduce the emissions of nitrogen oxides (NOx), the byproduct of diesel most harmful to human health. More than five million vehicles on the roads of Europe are likely receive a software “update” or fix.

Details of how the software will work, what knock-on effect it may have on the vehicle’s reliability, or whether it will pass the required tests, are still unclear. Many are understandably s[k]eptical.

Daimler, BMW & Volkswagen Diesel Software Updates – $593 Million

Reuters reported that

Volkswagen, Daimler and BMW are facing costs of at least 500 million euros ($593 million) to update the engine software of diesel cars in Germany to curb emissions, the VDA auto industry lobby said. 

In addition, the costs of paying car owners incentives for trading in their older diesel cars for new models will far exceed 500 million euros for the three carmakers, VDA President Matthias Wissmann said . . . at a news conference.

Did You Purchase or Lease A BMW, Volkswagen, Audi, Porsche or Mercedes-Benz?

If so, your rights under federal law may have been violated.  If you would like to speak privately with an attorney to contribute to or learn more about the investigation, please complete the form to the right or contact John Kehoe, Esq., (215) 792-6676, Ext. 801, [email protected]; or send an e-mail to [email protected].

Kehoe Law Firm, P.C.

The Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors and consumers from corporate fraud, negligence, and other wrongdoing. Driven by a strong and principled sense of social responsibility and obtaining justice for the aggrieved, Kehoe Law Firm, P.C. represents plaintiffs seeking to recover investment losses resulting from securities fraud, breaches of fiduciary duty, corporate wrongdoing or malfeasance, those harmed by anticompetitive practices, and consumers victimized by fraud, negligence, false claims, deception, data breaches or whose rights to minimum wage and overtime compensation under the federal Fair Labor Standards Act and state wage and hour laws have been violated.