Class action against VW failures: Thousands of Swiss owners of fraudulent diesel engines walk away empty-handed

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Owners of fraudulent Swiss diesel engines were hoping to receive compensation of up to 5,000 euros.

The French-speaking Swiss consumer protection organization Fédération romande des consommateurs (FRC) issued a statement on Saturday evening responding to a report by French-language radio and television station RTS. According to the FRC, the plaintiffs were hoping to receive compensation of between 1,600 and 5,000 euros.

In the French-speaking program on Saturday evening, FRC Secretary General Sophie Michaud Gigon said it was a scandal that the Swiss were almost the only party not paid compensation in the VW incident, given that those responsible had been criminally convicted. Swiss broadcaster RTS.

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There is coal in Germany

By the end of 2017, more than 2,000 people had assigned their rights to Myright in a class-action lawsuit filed by a Berlin law firm against the German automaker. As Sophie Michaud Gigon points out, after the first failure of a German-speaking owner, the platform decided not to compete for Switzerland because the cost advances were also too high.

VW Group has already spent almost 30 billion francs on compensation and legal costs, according to the FRC. In the case filed by the German Federal Association of Consumer Associations in 2018, a settlement was reached in favor of 260,000 customers. Compensation ranged from 1,350 to 6,257 euros per person. (pbe/SDA)

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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