8 years ago
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VW, Justice Department reach diesel emissions deal
Volkswagen AG and the Justice Department reached a deal in principle to address excess diesel emissions in nearly 600,000 polluting vehicles that will include buyback offers and a possible fix, a federal judge said Thursday.
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If I have read the articles right today, they are willing to spend up to 1 Billion USD, that works out to about $1700 per vehicle. Why the hell would I sell the vehicle back to VW for that price unless I've dogged it? That seems like a ripoff. I can only assume that this gets the Government off of them, satisfies their need to fix the issue publicly and also means few people may take them up on it.