Shark Lawyers Circling VW Call for Buyback of Diesels

The Hagens Berman and Quinn Emanuel law firms filed a motion today in their national lawsuit against Volkswagen asking the court to order Volkswagen to provide owners of the VW diesels an immediate buyback offer at the Kelley Blue Book value as of 2 September 2015. This was the day before Volkswagen admitted to regulators that it had  installed and used illegal defeat device software in nearly 500,000 diesel engine vehicles sold in the United States since 2008. (Usual Posturing at VW House Hearing on Dirty Diesels and Volkswagen Investigation underway for Deliberately Violating Diesel Emission Rules – $18 Billion in Fines Coming?)

The preliminary injunction motion, filed in federal court in Santa Ana, seeks the buyback remedy following the automaker’s admission in congressional testimony that it cheated emissions regulations and would not begin a recall until 2016, and then taking at least a year to complete.

Volkswagen has admitted it intentionally employed the cheating software for at least the last six years, deceiving drivers and emissions regulators.

About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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