Porsche Cars North America Inc. has reached a class action lawsuit settlement after about two-year long legal battle over claims that the company knowingly installed faulty plastic cooling tubes in Cayenne models. If you purchased Porsche Cayenne model with the V8 or V8 Turbo engine between the year 2003 and 2006, then you may be eligible to claim a refund from the class action settlement. The company denies any wrongdoing but has agreed to pay $45 million class action lawsuit settlement to resolve the litigation.
The class action lawsuit was first filed by Schlanger & Schlanger, LLP, Klein & Ryan of Boston, MA and Cotchett, Pitre & McCarthy, LLP on January 5, 2011. After that, seven other consumer class action lawsuits have been filed in a number of states throughout the country. The company has installed plastic coolant tubes instead of aluminum tubes. The plastic coolant tubes prematurely degrade and crack which causes coolant fluid to seep out directly into the vehicle's starter and seals, leading to significant engine damage and failure.
Porsche was aware of this defect but hide it from consumers in spite of the risk to the owner’s safety and pocketbook. While the faulty plastic cooling tubes fail, the vehicle owners were forced to buy an expensive update kit consist of aluminum coolant pipes from the company. The update kit cost around $1,500 to $3,600.
As part of a class action settlement agreement, Porsche has to issue a recall for all Cayenne vehicles with the V8 or V8 Turbo engine and fix the problem by replacing them with aluminum tubes. The company has to pay between $100 and $1,800 for past and future coolant pipe repairs to all affected Porsche Cayenne owners. There are around 42,000 current and former U.S. owners of a 2003 to 2006 Porsche Cayenne vehicle.
The payment amount will be decided according to the claim (a past or future repair payment) and a percentage of the invoice price paid at the time of repair or replacement.
The get a refund from the Porsche Cayenne Class settlement, you have to fill out and submit a Claim Form later. Till now, gather the documents that show you are the owner of the vehicle and the repairs made to your engine. Porsche Cayenne owners those who have contacted the company regarding the issue can fill out and submit an online form available at www.cayenneclassaction.com to notify the settlement administrators. The settlement administrators will contact you.
Highlights of Porsche Cayenne Class Action Lawsuit Settlement:
Class Action Lawsuit Settlement Administrator Website: www.cayenneclassaction.com
Paid Cayenne model Between: 2003 - 2006
Email address for assistance: coolantpipes@gmail.com
The class action lawsuit was first filed by Schlanger & Schlanger, LLP, Klein & Ryan of Boston, MA and Cotchett, Pitre & McCarthy, LLP on January 5, 2011. After that, seven other consumer class action lawsuits have been filed in a number of states throughout the country. The company has installed plastic coolant tubes instead of aluminum tubes. The plastic coolant tubes prematurely degrade and crack which causes coolant fluid to seep out directly into the vehicle's starter and seals, leading to significant engine damage and failure.
Porsche was aware of this defect but hide it from consumers in spite of the risk to the owner’s safety and pocketbook. While the faulty plastic cooling tubes fail, the vehicle owners were forced to buy an expensive update kit consist of aluminum coolant pipes from the company. The update kit cost around $1,500 to $3,600.
As part of a class action settlement agreement, Porsche has to issue a recall for all Cayenne vehicles with the V8 or V8 Turbo engine and fix the problem by replacing them with aluminum tubes. The company has to pay between $100 and $1,800 for past and future coolant pipe repairs to all affected Porsche Cayenne owners. There are around 42,000 current and former U.S. owners of a 2003 to 2006 Porsche Cayenne vehicle.
The payment amount will be decided according to the claim (a past or future repair payment) and a percentage of the invoice price paid at the time of repair or replacement.
The get a refund from the Porsche Cayenne Class settlement, you have to fill out and submit a Claim Form later. Till now, gather the documents that show you are the owner of the vehicle and the repairs made to your engine. Porsche Cayenne owners those who have contacted the company regarding the issue can fill out and submit an online form available at www.cayenneclassaction.com to notify the settlement administrators. The settlement administrators will contact you.
Highlights of Porsche Cayenne Class Action Lawsuit Settlement:
Class Action Lawsuit Settlement Administrator Website: www.cayenneclassaction.com
Paid Cayenne model Between: 2003 - 2006
Email address for assistance: coolantpipes@gmail.com
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