The Business Times

Consumer Reports urges higher Volkswagen US diesel owner compensation

Published Fri, Aug 5, 2016 · 03:05 PM

[WASHINGTON] Influential US magazine Consumer Reports urged the Justice Department to hike compensation to 475,000 owners of polluting Volkswagen diesel vehicles and allow owners who opt for a fix to reconsider.

In comments filed on Friday on the proposed agreement, the magazine said the buyback offer undervalues retail prices and urged the use of a retail value that "would lead to buyback offers for consumers that would be at least several hundred dollars higher."

REUTERS

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