The class action lawsuits filed on behalf of Australian customers relate to approximately 16,000 Australian EA189 Volkswagen, Audi, and Skoda vehicles. If all affected vehicles participate, each of these customers can expect a payment per vehicle of approximately AU $1,400 (approximately €870), on average.
A proposed settlement has been reached in the class action proceedings filed in the Federal Court of Australia against Volkswagen, Audi, and Skoda in relation to the diesel emissions issue. A Settlement Notice containing important information for group members on how to register to participate in the proposed settlement is now available on the Federal Court of Australia website at www.fedcourt.gov.au/law-and-practice/class-actions/class-actions or download the Settlement Notice.
• Customers wishing to claim a settlement payment for their affected vehicle must register at www.vwsettlement.com.au • The deadline for registration is 10 March 2020 • The settlement amount depends on how many affected vehicles participate in the proposed settlement, as well as on the Court's final approval of the settlement. • The Settlement Administrator will advise registered group members of their settlement payments in 2020. It is likely that this will occur in mid-2020. • Eligibility criteria are detailed at www.vwsettlement.com.au
Volkswagen AG (VWAG) firmly believes that the penalty of $75m agreed in principle with the Australian Competition and Consumer Commission to resolve the regulatory proceedings was a fair amount and is carefully reviewing the Court's reasons for deviating from that amount. VWAG will determine in coming weeks whether it will appeal the decision of the Court.
Some 57,000 Volkswagen vehicles with EA189 diesel engines imported to Australia were involved in this matter. Most of these have subsequently had an update to the engine control software under the ongoing voluntary recall. The relevant authorities have confirmed that this update satisfies European and Australian emission standards.
Today's decision imposes a penalty only on VWAG. The case against Volkswagen Group Australia has been dismissed in its entirety with no orders made against Volkswagen Group Australia.
The case against Audi AG and Audi Australia in respect of Audi vehicles, has also been dismissed in its entirety with no orders made against any of the respondents to the Audi regulatory proceedings.
Today’s decision relates specifically to the regulatory litigation and is separate from the in-principle settlement which has been reached in the customer class action proceedings (approval of which is scheduled to be heard by the Court on 26 March 2020).
*Recommended On-The-Road (OTR) retail prices include: delivery charge, half a tank of fuel, number plates and first registration fee at £55.00 and Vehicle Excise Duty.
Recommended On-The-Road (OTR) retail prices shown are based on the current 2016/2017 VED rate and will be updated on 1 April 2017 to the new 2017/18 VED tax
As outlined in the Chancellor of the Exchequer’s 2015 budget, the way Vehicle Excise Duty (VED) is calculated will change from Friday 1 April 2017 for the majority of vehicles. The first licence will continue to be calculated using the vehicle’s CO2 value, but subsequent licences will be based on a standard rate of £140. Vehicles with a list price exceeding £40,000 (including factory installed options, delivery charge, number plates and VAT) will pay an additional £310 plus the standard annual rate for a 5 year period. After the 5 year period only the standard rate will apply.
Further information is available from DVLA here: www.gov.uk/newvehicletaxrates
Price includes VAT and is calculated at 20% but this may alter to reflect any change in the applicable VAT rate.
RRP – Recommended Retail Price includes VAT and is calculated at 20% but this may alter to reflect any change in the applicable VAT rate.
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