VW Promises Compensation to U.S. Dealers on Diesel Engines: DJ
Source: BFW (Bloomberg First Word)
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VOW GR (Volkswagen AG)
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UUID: 7947283
(Bloomberg) -- Volkswagen promised compensation to hundreds of U.S. dealers affected by diesel cheating, Dow Jones reports, citing unidentified dealers who met a management board member of co.’s U.S. unit Friday.
Alert: HALISTER- June’s $15b settlement includes buyback, repair of ~500,000 diesel vehicles sold in U.S., additional 12,000 not sold by dealers; program may start in Oct., run through Dec. 2018
- Volkswagen declined to comment to Dow Jones on agreements with U.S. dealers
Source: BFW (Bloomberg First Word)
Tickers
VOW GR (Volkswagen AG)
To de-activate this alert, click here
UUID: 7947283