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VW giving US$1,000 to car owners in emissions-cheating scandal

It's also offering cash and no-interest loans to 650 dealerships stuck with cars that can't be sold but are taking up space in their lots

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Volkswagen will not sell the cars under investigation, which it admits were equipped with software that fooled government emissions tests, until it comes up with a way to fix them that regulators approve.

Washington

VOLKSWAGEN AG's (VW) goodwill offer of US$1,000 to the owners of cars caught in the emissions scandal comes as the company wages a behind-the-scenes effort to soothe another powerful constituency: its US dealers.

The German company is offering cash and no-interest loans

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