DETROIT (Reuters) — Volkswagen AG will announce on Monday it is expanding its goodwill diesel emissions compensation program to tens of thousands of owners of larger diesel vehicles, the company’s top U.S. official told Reuters.
Volkswagen Group of America President and CEO Michael Horn said late Sunday that the German automaker would announce on Monday at an event at the Detroit auto show the expansion of its program that provides $500 in cash and $500 in credits at dealerships to owners of its 2009-16 diesel VW Touareg SUVs.
VW announced in November it was offering the compensation for 482,000 owners of 2009-15 2.0 liter diesel cars. Horn said on Sunday that more than 260,000 owners have signed up — or more than half — and 130,000 have already been paid.
