Volkswagen will reportedly pay each customer affected by the diesel emissions scandal a $5,000 settlement as part of a deal reached with U.S. authorities.
German newspaper Die Welt reports that the agreement will be presented on Thursday to Judge Charles Breyer in San Francisco, in hopes of avoiding a trial. Volkswagen is expected to also agree to offer to buy back up to 500,000 2.0-liter diesel U.S. vehicles that were equipped with the so-called defeat device that allowed them to cheat on diesel emissions tests in the U.S. It is believed that Volkswagen U.S. officials have finally reached the framework for a fix.
The company may also offer to repair affected vehicles if U.S. regulators approve the fix, but it’s currently unclear if those vehicles will even be deemed fixable by the U.S. Environmental Protection Agency (EPA).
The newspaper also said that the agreement does not include a detailed plan to fix the affected vehicles, nor were there details on fines and other compensation measures. However, owners of affected cars should receive $5,000 as part of the agreement and Volkswagen will have to pay separately to repair the vehicles as well.
[Source: Automotive News]
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