Friday, March 16, 2018

VW in the News

Yesterday in Hamburg, a special court decision occurred which might have huge implications.

Around three years ago, when the diesel car business became front-page news....this German had just recently purchased a diesel vehicle....brand new.

As NDR (the public network from the region) tells the short story.....the car owner (a German) was pretty peeved over the situation, the lessened value in the car, and took this to court.

A Hamburg court examined all the facts, and yesterday came to this conclusion....VW has to give him a new car that meets the emissions situation.  My guess is that he wants a gas-car, instead of a diesel vehicle, but in the end here....VW has to accept the old car back and provide a brand-new car.

What happens now?  Some people think that the template will be used over and over, and that thousands of Germans....maybe into the millions....will play out the same court situation.  Course, you could be looking at court activity taking an entire decade. 

My view is that VW should have come out with some joint activity with the Berlin leadership and found some way to avoid this court activity early on. 

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