While owners of Volkswagen’s emission-cheating vehicles in the U.S. continue to wait for news on how the company plans to fix their cars, one lawyer working for the automaker says he’s preparing a generous compensation package for affected consumers.
Reuters, citing German Publikation Frankfurter Allgemeine Sonntagszeitung, reports that Kenneth Feinberg, the same lawyer who recently handled General Motor’s ignition switch compensation plan, is at work putting the finishing touches on VW’s attempt to win back customers.
Feinberg says that the carmaker hasn’t decided yet if it will offer cash, car buybacks, repairs, or replacement cars for the more than 500,000 VW cars equipped with “defeat devices” that allow the vehicle to skirt federal emissions tests.
VW has given Feinberg full authority to set up the compensation fund, which is in addition to the previously announced “goodwill package” that included $1,000 in prepaid cards and credit the carmaker made available to owners.
It’s unclear if Feinberg will allow consumers to submit claims that the vehicle’s high-emission output damaged their health.
“I am inclined to not accept that and tell such people they should sue Volkswagen if they want to,” he said.
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4 comments:
They should buy them back. Owners cannot sell them...no one wants them because they could never get them through inspection.
I'll take one if some one wants to sell it. No emissions test on eastern shore or in FL. They will not get as good of MPG once "fixed".
I have an idea the market price on those cars will increase, not decrease. There's going to be quite a demand for them.
Agreed! Besides, they passed emissions just fine...albeit by tweaking the tune a bit. But who hasn't done it, if your car won't pass, regardless of model? You take it in to the shop, they "adjust" it so it will pass. Legally!
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