Diesel VW owners could get up to $10,000 after settlement, sources say

(credit: Erik B)

The evening before Volkswagen Group and the US Department of Justice (DOJ) are supposed to submit a settlement to San Francisco District Judge Charles Breyer, Bloomberg’s sources have leaked new details about that supposed settlement.

Last week, VW Group was rumored to offer a settlement of $10.2 billion, with $1,000- $7,000 per car affected by the diesel emissions scandal that’s rocked the company since September. Today, Bloomberg is reporting that that number has gone up to a total of about $15 billion, with affected diesel owners potentially getting up to $10,000 in compensation.

Bloomberg’s sources specify that VW Group will set aside $10.03 billion to pay back the owners of nearly 500,000 Volkswagen and Audi 2.0 L diesel engine vehicles in the United States. “Those figures could rise if VW misses certain deadlines,” the news outlet writes.

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