It is a German court decision that has significant implications. Today....the German Federal Court determined that VW customers in their complaints on the diesel scandal....have a legitimate position when they bought a new VW diesel car that was including the 'defeat' software....so, yes, those buyers (into the millions) will be entitled to compensation.
VW? It puts them in a fairly bad position.
Course, it also means that numerous judges will be dragged in and face a difficult position of deciding how bad VW screwed over the customers. 100-percent? Fifty-percent? Unknown.
My guess is that VW will offer a deal where you get a new car, gas or battery-driven.....with a 50-percent discount, and hoping that customers would just take the deal. Then VW would flip the diesel cars over to countries like Russia or India (for re-sale).....for 50-percent of the normal value.
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