Porsche reaches $80 million settlement in US lawsuit


Porsche settles $80 million lawsuit with US

Settlement of at least $80 million has been granted final approval by a U.S. judge to resolve claims against Volkswagen AG and its Porsche AG unit for distorting emissions and fuel economy data on 500,000 Porsche vehicles in the United States.

The settlement, initially disclosed by Reuters in June, encompasses Porsche vehicles from the 2005 to 2020 model years. Owners of these models alleged that the car manufacturer manipulated test vehicles, impacting emissions and fuel economy results.

On Wednesday, November 9, U.S. District Judge Charles Breyer also sanctioned $24.5 million in attorneys’ fees and costs, while eligible vehicle owners will receive payments ranging from $250 to $1,109 per vehicle.

Porsche stated that it has been “working to develop a solution and to ensure customers are appropriately compensated.”

The company added, “We are committed to providing our customers with transparent fuel economy and emissions data, and the agreement ensures that customers are fairly reimbursed for any fuel economy changes.”

Scrutiny of Volkswagen’s cars intensified after the German automaker revealed in 2015 that it had used sophisticated software to bypass emissions requirements in nearly 11 million diesel vehicles worldwide.

Subsequently, the company settled U.S. criminal and civil actions related to the cheating scandal for over $20 billion. In 2017, the automaker pleaded guilty to fraud, obstruction of justice, and falsifying statements.

As part of the settlement, owners of Porsche vehicles with “Sport+” driving mode that exceeded emissions limits in that mode will receive an additional $250 upon completion of emissions repair software updates intended to reduce vehicle emissions.


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