U.S. VW Owners Get a Lot of Cash; Europeans, a Pipe

 

Different regulations and laws will afford U.S. owners of VW diesel cars affected by the emissions scandal to get as much as $10,000 in a buyback of their cars. The company has pledged as much as $10 billion for about half a million car owners. In Europe, compensation may just include a visit to the dealership to have the engines repaired, with a tube that regulates air flow. For one thing, class action lawsuits do not exist in Europe. In addition to it, Europe does not clearly ban switch-off devices, the software item at the center of the scandal. An official at a European consumer protection agency was fuming. “It is inconceivable that consumers in the EU get treated differently,” Monique Goyens, director general of the European Consumer Organisation, said in a statement. “Volkswagen would be well-advised to offer a similar settlement to EU consumers.” It’s clearly not the end of the story.

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