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Volkswagen to offer generous compensation for U.S. customers: paper

February 7, 2016 by · Leave a Comment 

Volkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, the head of its claims fund told a German paper. The German car maker has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars, Kenneth Feinberg told Frankfurter Allgemeine Sonntagszeitung. Volkswagen in December asked Feinberg — who earlier headed the compensation funds for the…

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Volkswagen to offer generous compensation for U.S. customers: paper