“This jury trial waiver shall not affect or be interpreted as modifying in any fashion the dispute clause set forth in the following section, if applicable, which contains its own separate jury trial waiver”.
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“That trust is gone”, he said.
“As we work tirelessly to develop a remedy, we ask for your continued patience”, the statement continued.
Whether they are among the models found to have “defeat device” software or not, Volkswagens have been lingering on dealer lots longer, and selling at lower average prices over the past month or so. But so far it has resisted calls from Congress and by a few auto owners to repurchase the vehicles from unhappy consumers. VW said on Monday that customers “don’t have to sign anything” and will not be required to relinquish any legal rights. Those who are eligible to receive the package will have until April. 30, 2016 to redeem the gift cards.
A few VW owners said they were concerned that any fixes will hurt their fuel economy.
The news was particularly troubling for Volkswagen’s new chief executive Matthias Muller, who ran Porsche before becoming boss of the group. The unaffected gasoline models have fallen just $500, or 4.4 percent, according to the latest pricing information from Kelley Blue Book, which said that’s in line with the average for all used cars.
“The entire reason I bought my Jetta TDI sportwagen was a sham”, she said. In Australia, the tally of Audi, Skoda and Volkswagen passenger cars and commercial vehicles linked to Dieselgate has reached nearly 100,000 vehicles.
The gesture will cost Volkswagen almost $250 million – a fraction of what the automaker has warned investors the scandal will costs.
The scale of the scandal has resulted in the company losing about one third of its value since the affair first emerged in the middle of September.
Volkswagen’s move comes ahead of a November 20 deadline for the company to submit its plan to resolve issues with USA cars.
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The carmaker also said it would offer the same program for its Audi luxury brand starting on Friday, the report adds. That system, however, appears to have failed as a few employees installed emissions-cheating software on diesel-powered engines over a period of up to six years.
