Volkswagen Agrees to Compensate US Owners of Rigged Diesel Vehicles

 

Volkswagen has reached a framework deal with US authorities to compensate owners of rigged diesel vehicles in the country, a federal judge said on Thursday (April 21).

U.S. Judge Charles Breyer said the settlement is expected to include a buyback offer for nearly 500,000 2.0-litre vehicles and a possible fix if regulators agree on it.

The settlement will include an environmental remediation fund and additional compensation to owners to sell back or have vehicles fixed.

That would include versions of the Jetta sedan, the Golf compact and the Audi A3 sold since 2009.

Source: Euronews with Reuters