December 9th, 2015|
Earlier this year, independent researchers discovered millions of vehicles manufactured by Volkswagen (VW) were equipped with a device that cheated emissions tests. As a result, resale values of recalled vehicles were affected. The Nashville defective products lawyers at Ponce Law explain that this prompted the company to devise a plan for compensating owners of affected vehicles.
Yahoo! Autos reports that VW is offering incentive packages to owners of recalled VW diesel vehicles that includes a $500 gift certificate, a $500 discount on any new VW vehicle they decide to purchase, and three years of roadside assistance services. In addition, VW covering any of the costs associated with getting vehicles to meet current emission laws.
Many say the compensation being offered is far from covering the expenses related to the loss of vehicles’ values. Two U.S. senators stated the company should be offering a buyback option and owners of affected vehicles should also have the right to take legal action against VW. Civil litigation has already been filed in several states, including a Tennessee Volkswagen recall class action lawsuit.
At Ponce Law, we are hopeful that each citizen affected by the VW emissions scandal finds a resolution to the losses they are facing.
October 28th, 2015|
In recent weeks and months, millions of American motor vehicles have been recalled because of faulty parts. Our defective product lawyers at Ponce Law would like to help you get you up to speed on the latest in each of these cases.
Takata Airbag Recall Expansion
In June, Japanese airbag manufacturer, Takata Corporation, initiated the recall of roughly 19 million vehicles due to a problem with the inflation system of driver and passenger front airbags. Now, the recall may soon be expanded to include side impact airbags as well. Investigators believe the chemical propellant used to inflate the airbags may change over time, causing units to break apart and hurl metal shrapnel at vehicle occupants when the unit is activated.
Diesel Volkswagen Recall
In September, it was announced that German carmaker, Volkswagen, was installing a piece of technology in their vehicles that is used to cheat emissions tests. The discovery has led to a decrease in the efficiency and value of the affected vehicles and has prompted the initiation of a Tennessee Volkswagen recall class action lawsuit.
GM Oil Leak Recall
Just yesterday, a statement was issued that General Motors (GM) would be recalling 1.4 million vehicles for a third time in order to repair oil leaks that have been known to ignite vehicle fires. WKRN News 2 reports that as many as 19 people have been injured as a result of the defect.
If you’ve been injured as the result of an accident caused by a faulty car part, you have rights that need to be protected, and our legal staff can help answer any questions you may have.
October 14th, 2015|
In the wake of the announcement that Volkswagen (VW) misled consumers into thinking their vehicles were environmentally friendly, dozens of lawsuits have been filed. With so many recent lawsuits, the cases may soon be consolidated into multidistrict litigation.
The Nashville defective product lawyers at Ponce Law explain the emission systems on as many as 500,000 American vehicles are manipulated using a “defeat device” to show lower emission rates during testing. VW vowed to repair the vehicles affected by the “defeat device,” but the company has added the caveat that they will not begin making the repairs until next year.
In the meantime, the values on many of the affected vehicles may plunge. Some plaintiffs in the lawsuits that have been filed against VW argue they paid higher rates for vehicles that created fewer emissions, while all the victims maintain the company’s misrepresentations have led to the declining values of the vehicles.
According to The Wall Street Journal, a decision as to whether or not the cases will be consolidated in federal court should be announced in the coming weeks. The cases could cost VW billions of dollars.
At Ponce Law, we understand the frustrations many VW owners are feeling. That’s why our legal staff hopes a decision on how the Volkswagen recall lawsuits will be handled can help owners and car dealers affected by the emissions scandal.