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Volkswagen To Give Diesel Owners Compensation
- Detroit Bureau, Tuesday, February 9, 2016 8 AM
Kenneth Feinberg, the specialist whom Volkswagen has hired to put together a compensation package for U.S. owners of about 600,000 diesel-powered vehicles, says he expects to be eventually making some very generous payments. But the timing is up in the air, Feinberg tells the German newspaper "Frankfurter Allgemeine," until VW can first come to an agreement to move forward with repairs for those vehicles – which were equipped with so-called “defeat devices” meant to cheat on diesel emissions tests.
