U.S. consumers received $9.8 billion in Volkswagen diesel settlements: FTC

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The U.S. Federal Trade Commission (FTC) said on Monday that buyers of polluting Volkswagen AG vehicles received more than $9.8 billion in settlements.

The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir

WASHINGTON - The U.S. Federal Trade Commission said on Monday that buyers of polluting Volkswagen AG vehicles received more than $9.8 billion in settlements. Volkswagen agreed to offer to buy back or repair more than 550,000 polluting diesel U.S. vehicles after it admitted in 2015 it used secret software to cheat emissions tests.

The FTC in its final report on the settlements said more than 86% of consumers completing claims chose to return their car through a buyback or early lease termination rather than get a repair. Volkswagen paid more than $9.5 billion to U.S. consumers, while VW diesel supplier Robert Bosch [ROBG.UL] paid more than $300 million to U.S. consumers.

 

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I will never see a dime of it..

This could keep extending unemployment paid! Take care of the people and the economy will follow! Its we the people who fund the economy!😵

iletisim bizim ülkemizde de uygulansın tazminat davaları açılsın AlmanyaBE HeikoMaas

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