вторник, 28 июня 2016 г.

Volkswagen's huge settlement announced!

Volkswagen's huge settlement announced!The fuel-emissions scandal of Volkswagen continues. Did you know that Volkswagen AG's settlement for about 50,000 owners and government regulators over polluting vehicles is valued at more than $15 billion cash? That amount is very high even for such a powerful company as Volkswagen.


We will know more precisely about this settlement on Tuesday in Washington, when it will be announced that the company has to return to the owners $10.033 billion over diesel emissions of about 475,000 vehicles and approximately $5 billion in funds to offset excess diesel emissions and boost zero emission vehicles. The expected settlement is going to be more than $500 million and will push the total to over $15 billion. Volkswagen isn't commenting on these news yet but a source revealed that each owner of 2.0 liter diesel VW 2009-15 cars will receive at least $5,100 as a compensation along with the estimated value of the vehicles as of September 2015. Some owners will get $10,000 in compensation, it all depends on the value of the car.

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