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VW Diesel Settlement was Announced Today

Posted: Wed Jun 29, 2016 7:28 am
by Executioner
http://www.cand.uscourts.gov/crb/vwmdl/ ... settlement

Snipit: (notice all the amount!)
The goal of the Volkswagen Class Settlement Program is to compensate everyone who owned or leased a Volkswagen or Audi 2.0-liter TDI vehicle (“Eligible Vehicle”) on September 18, 2015 (the date the emissions allegations became public), or who now own an Eligible Vehicle. Volkswagen has agreed to create a single funding pool of a maximum $10,033,000,000 which Class Members will be compensated under the Class Settlement Program.

Re: VW Diesel Settlement was Announced Today

Posted: Wed Jun 29, 2016 8:56 am
by Err
http://fortune.com/2015/09/21/volkswage ... -goodwill/

They have $67 billion in assets. I wonder which divisions they will sell off? I hate that this is going to screw over German workers.

Re: VW Diesel Settlement was Announced Today

Posted: Wed Jun 29, 2016 9:17 am
by Pugsley
I know my 2003 is not on the list but a friend has one that is and would do the buyback in an instant if he knew he could get a Tesla to immediately replace it.

Re: VW Diesel Settlement was Announced Today

Posted: Thu Jun 30, 2016 12:09 am
by reno
that's some hefty payments to be given out . I can see if you were a owner and put a lot of miles on one of them cars in the recall . having a big grin on your face when you cash your check .