VW Diesel Owners to Get $1000 to $7000 in Proposed Settlement
Earlier that will week, told us Details of reform of the Volkswagen scandal likely to in TDI emissions as the company approaches the latest schedule, June 28, to submit a proposal. As the item gets closer date, few details have emerged about what will be the consequences of that will reform. If the thought of these reports, the item will not be cheap for VW.
, quoting a source anoymous, in addition to Associated Press that will Volkswagen has agreed to pay out as much as 10.2 billion $ within the United States, in addition to will be used mostly to compensate for cars equipped with the owners program fraud emissions. Each will have to pay compensation of about 500,000 car owners affected the United States between $ 1,000 in addition to $ 7,000, with most of the owners set to receive about $ 5,000. The source told AP that will the exact figures could change before the announcement of the settlement on Tuesday.
earlier report indicates about $ 3.5 billion of that will money allegedly settlement will go to the federal government of the United States in addition to California regulators. He also noted that will the report that will the item may be impossible for VW to repair damaged cars, due to logistical challenges huge in an attempt to repair the nearly 500,000 car, in addition to the fact that will still no solution approved by the regulator of the engine TDI 2.0 liters. Given that will many of the cars will probably never be fixed, Bloomberg reports that will the focus of the fines will finance the cleanup of diesel emissions in a program similar to diesel emissions law reducing, replacing or retrofitting older diesel buses, such as
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If a total of 10.2 billion $ unrealistic, the item will be away in addition to the largest compensation paid than ever by the automotive industry, surpassing largely settlement of $ 100 million by Hyundai in addition to Kia paid after EPA fuel protect the economy category in 2014. the scandal, of course, the number could be only getting bigger for Volkswagen: the auto industry still has to provide a solution for the millions of European owners affected by emissions TDI deceive