Porsche Cars N.A., Inc. Settlement

Porsche Cars N.A., Inc., a leading luxury car manufacturer, has recently reached a settlement agreement over allegations regarding certain infotainment systems in their vehicles. The case, Bowen v. Porsche Cars N.A., Inc., was brought forward by plaintiffs who claimed that the Porsche Communication Management (PCM) 3.1 system with XM satellite antenna experienced a reboot cycle on or after May 20, 2020. Porsche, however, denies any wrongdoing.

A Closer Look at the Settlement

The settlement agreement was reached to avoid the costs and risks associated with a trial. The details of the settlement amount have not been disclosed on the official settlement website. However, it is clear that the settlement aims to provide compensation to class members who may have suffered due to the alleged defect in the PCM 3.1 system.

The settlement agreement was reached after careful consideration and negotiation between both parties. The decision to settle was not an admission of wrongdoing by Porsche but rather a way to avoid further litigation and provide relief to affected customers.

Key Dates to Remember

The Fairness Hearing for this case was scheduled for June 21, 2023.

The deadline to file a claim is August 20, 2024. Class members are encouraged to file their claims before this date to ensure they receive any benefits they may be entitled to from the settlement.

Who Are the Class Members?

Class members in this case are all entities and individuals in the United States who, as of May 20, 2020, owned or leased a Porsche vehicle equipped with an XM radio antenna and PCM 3.1 system. The identified Porsche models include Panamera, Cayenne, 911 Carrera, Boxster, Cayman, and Macan.

However, the settlement excludes the defendant, any released persons, class counsel, and the court, as well as their spouses and close relatives.

What Can Class Members Claim?

Class members who experienced PCM rebooting can receive reimbursement for out-of-pocket costs incurred to address the issue, including PCM replacements or repairs, battery replacements, towing, and alternative transportation costs, up to a maximum of $7,500. Alternatively, if class members spent time dealing with the rebooting issue but have no out-of-pocket costs or documentation, they can choose between a $25 payment or a $50 dealer credit.

Is Proof Required to Claim the Reward?

Yes, proof is required to claim the reward. Class members need to provide documentation of their out-of-pocket costs incurred to address PCM rebooting.

Why is There a Class Action Settlement?

The class action settlement was reached to resolve allegations that certain Porsche infotainment systems, specifically the PCM 3.1 system with XM satellite antenna, experienced a reboot cycle on or after May 20, 2020. Porsche denies any wrongdoing, but the parties have reached a settlement to avoid a trial and provide compensation to class members.

Next steps for class members include filing a claim by submitting a valid Claim Form either online through the settlement website or by mail to the Claims Administrator. It is important to note that by submitting a claim, class members give up certain rights to sue the defendant or other released persons or entities, or to sue Porsche.