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October 19, 2016

VW owners say $10B not enough: ‘We got played'

  • The combined $14.7 billion deal would be the largest auto-scandal settlement in U.S. history.
    • By SUDHIN THANAWALA
    Associated Press

    SAN FRANCISCO — Several angry Volkswagen owners told a federal judge on Tuesday that a $10 billion settlement does not adequately compensate them for the automaker's emissions cheating scandal, part of a vocal minority who objected to the deal after hundreds of thousands of others signed up for payments.

    U.S. District Judge Charles Breyer will determine whether the settlement is fair to consumers and should receive final approval. He said he was “strongly inclined” to approve it but would make a final decision by Oct. 25, giving him time to consider the owners' objections and whether he should recommend any changes.


     
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