VW set to announce $10bn compensation package in US

Thursday, June 23rd, 2016 - autos, cars, motoring, news

Source : VW set to announce $10bn compensation package in US

Volkswagen compensation will be offered inside the emerging reports claim payments of up to US $ 7000 (£ 4700) to the owners, as part through the settlement of a $ 10 billion $ (6.7 £ billion)


Volkswagen car owners inside the United States affected by the diesel emissions scandal can get up to $ 7000 (£ 4700) in compensation as part of the $ 10 billion Real (£ 6.7 billion) settlement through the company, in addition to also indicate reports .

had been

cash payments of about 1000 $ (£ 0) to $ 7000 (£ 4700) to the owners, depending on the age of the vehicle for some other factors, which has a settlement proposal to be sent to a federal judge for approval by June 28. The amount may change before then.

This kind of payment will compensate the owners of 482,000 diesel cars equipped which has a 2.0-liter defeat, although Volkswagen still facing accusations over the diesel engine capacity of 3.0 liters, as well as fines through regulators inside the United States in addition to also possible criminal charges. the item can be still expected which the European VW owners will not be compensated, because the company maintains which the item has not violated any law inside the land.

processed VW CEO Matthias Mueller shareholders on Wednesday, issuing an apology for the company’s business, although failed to declare a personal emissions over the scandal would certainly put the company’s some other visits before agreeing to a final agreement with the US authorities.

company recently identified in ‘2025 strategy “, who can be looking forward to a significant escalation of its range electric car inside the future in an attempt to improve its image, although the German authorities are currently paying for investigations VW former members aboard inside the wake of dieselgate.

when contacted by Autocar, Volkswagen said inside the United Kingdom which he could not comment on the reports. However, the item can be understood a formal response through its headquarters in Wolfsburgcould come within the next week.

by Autocar via RSS

Source: VW set to announce $10bn compensation package in US

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