Well, this is awkward. Yesterday, German newspaper
Die Welt claimed that every American with one of Volkswagen's dodgy diesels would receive $5,000 in compensation. Today,
Reuters is offering up a contradictory report saying that the terms of the proposed settlement are substantially different. According to sources, VW's as-yet-confidential deal with regulators means it'll buy back 500,000 of the vehicles that cheated emissions tests. In addition, $1 billion is being set aside as an apology fund for affected owners who will need to buy a new ride. Simple division means that you'd be getting your money back on the car, plus an extra two grand as a mea culpa.
Since the terms of the deal haven't yet benn made public, there's no way to tell which set of leaky officials are correct. If it's whoever leaked the story to reuters, then the agreement only cureently covers smaller cars like the Audi A3, Jetta vehicles with three-plus liter engines like the Porsche Cayenne and VW Touarge will, presumably, be dealt with in a separate deal further down the line. The news wire goes on to say that the German car company is still working on that long-promised fix for the engines, and will offer them tp owners in lieu a buyback should the EPA and others consent.
Source :
engadget
