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Volkswagen to offer generous compensation for U.S. customers: paper
February 7, 2016 by publisher · 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
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VW may offer discounts to owners of cars with illicit software, DPA says
January 20, 2016 by elegant · Leave a Comment
FRANKFURT/BERLIN (Reuters) – Volkswagen may offer VW owners in Germany discounts on new cars if they turn in certain old models affected by the emissions scandal that has rocked Europe's biggest carmaker, German news agency DPA reported on Sunday. Volkswagen is battling the biggest business crisis in its 78-year history after admitting last month it installed software in diesel vehicles to deceive U.S. regulators about the true …
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VW may offer discounts to owners of cars with illicit software, DPA says