Automotive supplier Prevent
View of the headquarters of the automotive supplier Prevent in Warmenau near Wolfsburg (Lower Saxony).
The dispute between Volkswagen (VW) and the Prevent supply group escalated according to a media report. Prevent companies are preparing a billion-dollar lawsuit, which is soon to go to court, reports the “Süddeutsche Zeitung” (Monday edition), according to the preliminary report. A Prevent spokesman confirmed to the newspaper that a lawsuit was being prepared for damages that would be filed promptly upon completion. “This will happen in the next time.”
In the industry is said of two billion euros. The exact height is not yet determined, said the Prevent spokesman the sheet, But one thing is clear, so the spokesman: The lawsuit will be “billions”. In addition to a criminal complaint for “in-deceive fraud”, because VW never intended to comply with an agreement entered into with Prevent companies.
The Prevent Group includes several companies that supply automakers with parts of all kinds, including Volkswagen. VW has recently terminated several orders without notice, which Prevent does not want to accept. VW stated on request of the newspaper, the announced Bill bill entbehre from the point of view of the Group “any basis”. In 2016, it was put into a precarious position due to an “illegal delivery stop” by Prevent subsidiaries ES Guss and Car Trim.
Only because of the predicament at that time, meant the production stop in VW works, one had insisted on a cornerstone paper on a further cooperation with the Prevent group. “We have informed the Prevent Group from the beginning that we consider the agreement to be countervailable.” Therefore, there is no “in-deceit fraud”.
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