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Volkswagen Dieselgate update: $10.2 billion settlement reached, diesel owners lose $1500 resale value

Volkswagen Dieselgate update: $10.2 billion settlement reached, diesel owners lose $1500 resale value

It's a gloomy day across much of Europe, with markets in turmoil after UK residents voted to "Brexit" the EU. Volkswagen isn't doing much to improve matters: thanks to its ongoing Dieselgate scandal, the company is poised to make a massive payout to the U.S. (and its diesel owners), one employee is... read more

June 24, 2016 by -
 
Gavel. Image: Brian Turner

Judge Cuts Hyundai's Fine To $73 Million In Montana Wrongful Death Suit

In May of this year, a jury in Montana ruled against Hyundai, siding with the families of two teenage boys who died in a 2005 Hyundai Tiburon. The jury set a massive, $240... read more September 24, 2014 by


 
Gavel. Image: Brian Turner

Hyundai Hit With $240 Million Fine In Wrongful Death Suit, Plans To Appeal

With all the attention-grabbing lawsuits being aimed at General Motors right now, it's easy to forget that every automaker spends a significant amount of time in court... read more May 15, 2014 by


 
General Motors Renaissance Center, Detroit, Michigan

General Motors Fined $28,000 For Failure To Cooperate, Fee Could Go Much Higher

Blood has been drawn in the battle between safety regulators and General Motors: according to the New York Times, the automaker has been fined $28,000 for its failure to... read more April 9, 2014 by


 
Lamborghini Murcielago LP640

Middle Eastern Supercar Hoodlums Torment Posh Parts of London

Let's face it, this is hardly home invasion or drive-by shootings. But some of London's most expensive residential neighborhoods are feeling beset by a particularly... read more August 11, 2010 by 4


 

 
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