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Tomorrow, we find out the details of the settlement between Volkswagen and the U.S. Government over the diesel emission scandal. As we reported last week, sources told various news outlets that part of the settlement would include compensation payments from $1,000 to $7,000 to owners. A European Union commissioner believes that should be extended to those in Europe. EU Industry Commissioner Elzbieta Bienkowska tells German newspaper Welt am Sonntag that Volkswagen should set up a similar compensation program for Europe. "Volkswagen should voluntarily pay European car owners compensation that is comparable with that which they will pay U.S. consumers," said Bienkowska. She said that it would be unfair for Volkswagen to treat European consumers differently than U.S. ones due to different legal systems. "But consumers in Europe should be treated differently than the US consumer is not a way to regain confidence." Source: Die Welt, Reuters View full article -
Tomorrow, we find out the details of the settlement between Volkswagen and the U.S. Government over the diesel emission scandal. As we reported last week, sources told various news outlets that part of the settlement would include compensation payments from $1,000 to $7,000 to owners. A European Union commissioner believes that should be extended to those in Europe. EU Industry Commissioner Elzbieta Bienkowska tells German newspaper Welt am Sonntag that Volkswagen should set up a similar compensation program for Europe. "Volkswagen should voluntarily pay European car owners compensation that is comparable with that which they will pay U.S. consumers," said Bienkowska. She said that it would be unfair for Volkswagen to treat European consumers differently than U.S. ones due to different legal systems. "But consumers in Europe should be treated differently than the US consumer is not a way to regain confidence." Source: Die Welt, Reuters
