Volkswagen has paid nearly $35 billion for equipping diesel vehicles with illegal emissions defeat devices, but the automaker likely views that amount as chump change based on what is possible if even one of two court case rulings stand.
Volkswagen is seeking help from the U.S. Supreme Court to reverse a previous ruling that if allowed to stand, could cost the automaker $70 billion.
The automaker’s request to the U.S. Supreme Court is simple: Reverse an appeals court ruling that granted two counties the right to seek “staggering” damages for updates made to diesel vehicles after they were sold.
Anexo plc (LON:ANX) is a specialist integrated credit hire and legal services group focused on providing replacement vehicles to consumers who have been involved in a non-fault accident.