Own a Porsche? This Class Action Settlement Means You Could Get Up to $1,100

In June, Volkswagen and Porsche agreed to a class action settlement, due to claims of more than 500,000 Porsches exceeding the manufacturer’s official emissions and fuel economy figures. The total value of the settlement is no less than $80 million and original affected owners eligible for compensation will get payments between $200 and $1,100.

This settlement came about after owners sued Porsche for wrongly stating about its emissions and fuel economy test vehicles to achieve better reliable figures. According to the documents, owners saw 1-2 fewer miles per gallon than what Porsche claimed and that affects vehicles dating as far back as 2005.

Earlier in June, Reuters reported that someone inside Porsche reported at least one emissions defeat device on certain gasoline engines. That’s what led Porsche to report the issue to U.S. and German regulators.

There’s an additional Sport+ emission recall for all Porsche owners with the Sport+ mode, whose cars can suffer from higher emissions while in said mode. The Sport+ recall can pay an additional $250 to all eligible owners. That $250 will be given after the end of the recall and after owners get their software fix, which will cut down emissions in Sport+ mode.

A lot of Porsche vehicles that were sold between 2005-2022 are part of the settlement, including cars like both generations of Porsche Cayenne, two generations of Porsche Boxster/Cayman, and both generations of Porsche Panamera, the Porsche Macan, and both the 997 and 991-generation 911s. Every trim level for each model is included, as well.

Volkswagen and Porsche have been denying the claims but this doesn’t speak well for either one of them. It was only back in 2015 that the entire Volkswagen Group was under fire for intentionally manipulating diesel emissions tests, a scandal in which Volkswagen pleaded guilty to counts of fraud and obstruction of justice. They also had to pay almost $40 billion in fines. The deadline to submit a claim is November 7, 2022, and the final approval hearing is October 21, 2022.

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