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Judge Approves VW Compensation Payments for V-6 Diesel Owners
A U.S. federal judge in San Francisco has given final approval to a $1.2 billion plan to compensate some 80,000 consumers who own Volkswagen AG vehicles that are powered by V-6 diesels rigged to evade emission laws.
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A U.S. federal judge in San Francisco has given final approval to a $1.2 billion plan to compensate some 80,000 consumers who own Volkswagen AG vehicles that are powered by V-6 diesels rigged to evade emission laws. The plan received preliminary approval in February.
Affected models are the 2013-2016 VW Touareg SUV, 2013-2016 Porsche Cayenne SUV, and 2014-2016 Audi A6 and A7 quattro sedans, A8 and A8L sedans and Q5 midsize crossovers.
Judge Charles Breyer also finalized a separate settlement under which Robert Bosch GmbH, which helped develop the engines’ emission control systems, will pay $328 million to owners. The Bosch deal also covers 475,000 4-cylinder diesels VW sold with a different type of cheater software.
Affected owners of older V-6s can opt to sell their vehicles back to VW. News models will be updated to meet pollution standards, assuming VW and regulators can agree on a repair scheme. In the later case, owners will be eligible for payments between $7,000 and $16,000, according to Reuters.
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