VW resolves claims of U.S. dealers with USD 1,208 billion  [ USA ]

Volkswagen Group of America, Inc. (VW) announced on September 30 that it has finalized an agreement to resolve the claims of VW-branded franchise dealers in the United States relating to TDI vehicles and other matters asserted concerning the value of the franchise. Under the proposed agreement, VW has agreed to make a maximum total of USD 1,208 billion in cash payments to eligible dealers and t...
<Oct 05, 2016>