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Volkswagen, Bosch reach diesel settlement worth $1.6 billion

Volkswagen Group of America and automotive parts maker Bosch reached a settlement in which the two companies will pay a combined $1.6 billion because of their roles in the automaker's diesel-emissions scandal. VW, Europe's largest automaker, will pay about $1.2 billion to either repair or buy back vehicles. Bosch said separately that it will pay more than $300 million to owners of diesel-powered Volkswagens, Audis, and Porsches. The settlement stems from emissions issues related to about 78,000 VW-made cars and SUVs with 3.0-liter V6 diesel engines that were sold in North America. VW will recall and repair about 58,000 vehicles made for the 2013-through-2016 model years. The company will also buy back, offer a trade-in credit, or terminate the leases for about 20,000 cars for the model years 2009 through 2012. The older impacted models are the Volkswagen Touareg and Audi Q7, while the newer ones are the Touareg and Q7 as well as Audi's A6, A7, A8, A8L, and Q5 models, and finally the Porsche Cayenne Diesel. Previous reports estimated the payout at closer to $1 billion. The US settlement follows one reached last year between VW and US regulators in regards to VW's 2.0-liter diesel engines. That settlement was estimated to cost VW about $15 billion and impacted owners of about 500,000 vehicles. VW has had a stop-sale on its diesel vehicles in the US since late 2015 after it was discovered that VW installed software in its diesels that allowed those vehicles to cheat emissions-testing systems. VW on Wednesday also reiterated that it would contribute $225 million towards environmental-remediation efforts in the US. Volkswagen of America CEO Hinrich J. Woebcken, in Wednesday's statement, said that "we will continue to work to earn back the trust of all our stakeholders and thank our customers and dealers for their continued patience as this process moves forward." Related Video: News Source: Volkswagen via Automotive News-sub.req.Image Credit: Shannon Stapleton / Reuters Government/Legal Green Audi Porsche Volkswagen AutoblogGreen Exclusive Emissions Diesel Vehicles vw diesel scandal scandal settlement

Paul Walker's daughter files wrongful death suit against Porsche [UPDATE]

UPDATE: This post has been edited to include a statement from Porsche. While police blamed the crash that killed Fast and Furious star Paul Walker and racecar driver Roger Rodas on excessive speed, Walker's daughter, Meadow, thinks Porsche is at fault. The 16-year-old has now filed a wrongful death suit against the German manufacturer to back up that allegation. According to legal documents obtained by E! Online, the suit alleges that the Carrera GT that Walker and Rodas died in "lacked safety features ... that could have prevented the accident or, at a minimum, allowed Paul Walker to survive the crash," with Porsche Stability Management being called out in particular. Federal motor vehicle safety standards didn't require new cars sold in the US to be equipped with electronic stability control until 2012. The suit focuses not only on the Carrera GT's lack of electronic safety systems and "history of instability and control issues," but on an allegedly defective seatbelt. It claims that upon impact, the belt "snapped Walker's torso back with thousands of pounds of force, thereby breaking his ribs and pelvis," and prevented him from exiting the car before it caught fire, roughly a minute and 20 seconds after the initial impact, according to TMZ. Soot found in Walker's windpipe supports the theory that he was alive and breathing when the fire started, the suit continues. Like the suit Roger Rodas' widow filed against Porsche in 2014, Walker's filing also alleges that the Carrera GT wasn't traveling at 80 to 93 miles per hour, as a police investigation concluded. But where Mrs. Rodas claimed the Carrera GT was going 55 at the time of the crash, this suit claims the hypercar was moving at 63 to 71 mph. That's a more manageable figure to be sure, and if true would have a serious impact on the way the car behaved, but it's still well above the road's posted 45-mph speed limit. "The bottom line is that the Porsche Carrera GT is a dangerous car," Meadow Walker's lawyer told TMZ. "It doesn't belong on the street. And we shouldn't be without Paul Walker or his friend, Roger Rodas." Porsche, meanwhile, has stood by the reports from the Los Angeles County Sheriff's Department and other authorities.

Supercar 'Holy Trinity' raced at the track, drag strip, and to 186 mph

There was a time when we weren't sure if we'd ever get the Ferrari LaFerrari, McLaren P1, and Porsche 918 Spyder on the track together. Now, we've have a multi-part series dissecting how each supercar approaches all kinds of go-fast tasks. Supercar Driver (SCD) looks at their performances around the track, on the drag strip, and on a runway. SCD didn't get any help from the automakers, it used three cars all owned by one British gentleman, Paul Bailey. The first video has British Touring Car Championship driver Mat Jackson running all three around Silverstone. The second video takes the coupes to Santa Pod Raceway to run the quarter-mile. The third video runs them out to Bruntingthorpe Airfield for a drag race to 300 kilometers per hour (186 mph). We found that latter video especially interesting because SCD shows a graph of how fast each car hit speed marks, and it's interesting to see where the winner made up all of its time and the where the third-place getter lost its time. Nota bene, the McLaren is using its fly-paper sticky Pirelli P Zero Trofeo R tires. You'll find the first video in the series above, the second two videos below. If you still haven't had enough, then check out the Hyper 5 three-part series by Alejandro Solomon filmed at California's Thermal Raceway, starting with the Holy Trinity and adding the Bugatti Veyron Super Sport and Pagani Huayra. Chris Harris also did fantastic work around Portimao with the help of Marino Franchitti and Tiff Needell, with assistance from the factories. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Ferrari McLaren Porsche Convertible Coupe Hybrid Luxury Special and Limited Editions Performance Supercars Videos porsche 918 spyder mclaren p1 ferrari laferrari