The Traderszone Network

Published in TZ Latest News 7 February, 2016 by The TZ Newswire Staff

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

Volkswagen (VOWG_p.DE) 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 Sept.

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