Tuesday, July 5, 2016

Sorry, European Volkswagen Owners — You Won’t Get a U.S.-Style Payout

After agreeing to fork over up to $14.7 billion to U.S. owners (and the environment) in its U.S. diesel emissions scandal settlement, Volkswagen is saying Nein! to a similar buyback in Europe, because that kind of payout would just be insane. According to Left Lane News, the embattled automaker isn’t planning any compensation to its […]

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