AJAX, Ontario and TORONTO and MONTREAL, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Volkswagen and Canadian class counsel announced today that they have reached a nationwide agreement in principle on the benefits that will be available in Canada for owners and lessees of approximately 20,000 affected 3.0L diesel vehicles:
- Cash payments for owners and lessees in possession of their model year 2013-2016 Volkswagen, Audi and Porsche 3.0L diesel vehicles (so-called Generation Two vehicles) who receive the recall for an emissions repair that will bring their vehicle into full compliance with originally certified emissions standards.
- Cash payments for owners and lessees in possession of their model year 2009-2012 Volkswagen and Audi 3.0L diesel vehicles (so-called Generation One vehicles), as well as additional options that include buyback, trade-in, early lease termination or a modification to reduce emissions, if such modification is approved by U.S. regulators.
- Cash payments for certain owners and lessees who no longer own or lease their Generation One or Generation Two 3.0L diesel vehicle.
The parties are working to finalize a proposed settlement agreement that will be submitted to the courts in both Ontario and Québec for their pre-approval in the coming weeks. Owners and lessees of 3.0L diesel vehicles wishing to make a claim for benefits do not need to take any action at this time.
Today’s announcement coincides with news that U.S. regulators have now approved an emissions repair for all Generation Two vehicles. The recall for this repair is launching today at authorized dealerships in Canada for the Volkswagen Touareg (model years 2013-2016), Audi Q7 (model years 2013-2015) and Porsche Cayenne (model years 2013-2016) 3.0L diesel vehicles, and affected owners and lessees are being notified by mail. Additional notice will be provided when the recall launches in Canada for the Audi A6, A7, A8, A8L and Q5 (model years 2014-2016).
Owners and lessees with Generation Two vehicles may receive the emissions repair recall for their vehicle as soon as it launches in Canada without losing any right to a cash payment under the proposed settlement.
CONTACT INFORMATION:
Volkswagen Canada
Spokesperson: Thomas Tetzlaff
Phone: 905-428-5858
Email: thomas.tetzlaff@vw.ca
www.volkswagen.ca
Audi Canada
Spokesperson: Cort Nielsen
Phone: 905-428-5820
Email: cort.nielsen@audi.ca
www.audi.ca