VW Looking to Throw Cash at TDI Owners: Report

Automaker expected to offer up to $1,250 to diesel owners
By Polly Davis Doig,  Newser Staff
Posted Nov 8, 2015 9:30 AM CST
VW Looking to Throw Cash at TDI Owners: Report
A Volkswagen Golf 2.0 TDI is parked at a Volkswagen dealer in Milan, Italy, Thursday, Oct. 15, 2015.   (AP Photo/Luca Bruno)

Volkswagen might be looking to buy its way out of the public relations disaster that keeps on giving: According to a report on The Truth About Cars, the German automaker will offer owners of affected diesel cars up to $1,250 in cash under a "TDI Goodwill Program" set to roll out Monday. That would come in the form of a $500 prepaid gift card and $500 to $700 to be spent at Volkswagen dealerships; VW would only confirm that an announcement is coming Monday, reports the New York Times. "There is a program in the works with VW, that I do understand," says the head of a dealership association who was not briefed on specifics. What's not clear: Whether owners of affected cars who are involved in class-action lawsuits against VW would have to abandon those claims. (Read more Volkswagen stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X