Crisis managers for the embattled automaker do not want to go to trial.
Although investigations are still pending as to whether Volkswagen was criminally negligent in selling cars with emissions-test-evading software, there’s a clearer picture on remunerations for owners of the 2.0-liter diesel vehicles.
To prevent having its day in court, VW is expected to offer a buy-back program, or offer to pay for the cost of repairing the car, but only if U.S. officials deem the problem fixable. On top of that offer, the company will offer car owners $5,000 apiece in compensation, USA Today reports.
Here’s more on VW’s damaged reputation from USA Today:
The EPA and California Air Resources Board exposed Volkswagen’s illegal emissions software in September. More than half a million diesel cars and crossovers were rigged to cheat U.S. standards on harmful pollutants. With the EPA’s threat of massive fines, the FTC’s lawsuit, the Justice Department’s criminal investigation and numerous consumer lawsuits, Volkswagen is facing tremendous pressure to cut deals.