VW agrees to pay dealers for cars rigged to cheat emissions tests
(WIAT) — Volkswagen has agreed to compensate 652 U.S. dealers for cars on their lots that turned out to be rigged to cheat emissions tests.
The deal announced Thursday is likely worth tens of millions of dollars. VW says the deal will cover all past, current and future claims of loss by franchisers.
The automaker says it will pay up within 18 months. In April, VW revealed it has set aside $18.2 billion to deal with the scandal.
The deal still has to be approved by a federal judge.
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