Although Volkswagen has not yet recalled the 482,000 diesels with deceitful software that it admits that it sold in the U.S. since 2009, or has it announced a specific solution for issues that have arisen since the announcement of the scandal, those close to the matter expect that the German automaker will offer cash to owners of diesel cars sold in the United States soon.
As Volkswagen has announced efforts that will allow the company to regain at least some of the good will it lost after admitting in September of 2015 that the vehicles were programmed to cheat on emissions tests. Volkswagen would not confirm, however, a recent report posted on the automotive website The Truth About Cars that said owners would receive a cash card worth $500 that they could spend any way that they wished and an additional $500- $700 that they could spend at a Volkswagen dealership.
The company is currently facing numerous lawsuits from owners seeking compensation for the decreased resale value of the roughly 500,000 Volkswagen and Audi vehicles that were equipped with illegal software. It was not clear whether owners would have to give up any rights to sue if they accepted the cash.
In the meantime, however, Volkswagen is continuing its efforts to minimize the damage that the scandal has caused the company by offering cash incentives to owners if they buy or lease a new car and deep discounts for all buyers as a way to regain market share.
As you can see, Volkswagen is trying to offer financial incentives that might look generous on the surface, but are mainly aimed at lessening the company’s liabilities as much as possible. If you or your family has purchased a Volkswagen model that is affected by the recall, you need to contact a qualified attorney soon. Protect yourself by contacting Atlanta’s “Strong Arm” attorneys, John Foy & Associates for a FREE consultation to discuss your options.