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| What Volkswagen Settlements Mean for Vehicle Owners | |
| (35 minutes later) | |
| Volkswagen has agreed to pay more than $20 billion to settle civil and criminal suits in the United States over its diesel emissions scandal, affecting almost 600,000 cars. This is what that could mean for vehicle owners: | Volkswagen has agreed to pay more than $20 billion to settle civil and criminal suits in the United States over its diesel emissions scandal, affecting almost 600,000 cars. This is what that could mean for vehicle owners: |
| Owners of more than 580,000 Volkswagen, Audi and Porsche diesel cars from the 2009-16 model years. | Owners of more than 580,000 Volkswagen, Audi and Porsche diesel cars from the 2009-16 model years. |
| Two-liter engines: | Two-liter engines: |
| 2009-15 Volkswagen Jetta TDI | 2009-15 Volkswagen Jetta TDI |
| 2009-14 Volkswagen Jetta SportWagen TDI | 2009-14 Volkswagen Jetta SportWagen TDI |
| 2012-15 Volkswagen Beetle TDI | 2012-15 Volkswagen Beetle TDI |
| 2012-15 Volkswagen Beetle Convertible TDI | 2012-15 Volkswagen Beetle Convertible TDI |
| 2010-15 Audi A3 TDI | 2010-15 Audi A3 TDI |
| 2010-15 Volkswagen Golf TDI | 2010-15 Volkswagen Golf TDI |
| 2015 Volkswagen Golf SportWagen TDI | 2015 Volkswagen Golf SportWagen TDI |
| 2012-15 Volkswagen Passat TDI | 2012-15 Volkswagen Passat TDI |
| Three-liter engines: | Three-liter engines: |
| 2009-16 Volkswagen Touareg | 2009-16 Volkswagen Touareg |
| 2009-15 Audi Q7 | 2009-15 Audi Q7 |
| 2014-16 Audi A6 | 2014-16 Audi A6 |
| 2014-16 Audi A7 | 2014-16 Audi A7 |
| 2014-16 Audi A8 | 2014-16 Audi A8 |
| 2014-16 Audi Q5 | 2014-16 Audi Q5 |
| 2013-16 Porsche Cayenne Diesel | 2013-16 Porsche Cayenne Diesel |
| Owners of two-liter vehicles and 2009-12 three-liter models can either sell them back to Volkswagen for a price reflecting their value before September 2015, when the diesel cheating became known, or have their cars repaired free. Customers can search for their vehicle identification numbers here. Volkswagen is still trying to fix newer three-liter vehicles to avoid having to buy them back. | Owners of two-liter vehicles and 2009-12 three-liter models can either sell them back to Volkswagen for a price reflecting their value before September 2015, when the diesel cheating became known, or have their cars repaired free. Customers can search for their vehicle identification numbers here. Volkswagen is still trying to fix newer three-liter vehicles to avoid having to buy them back. |
| The fix, though, will probably reduce the engines’ performance and gas mileage. | The fix, though, will probably reduce the engines’ performance and gas mileage. |
| Volkswagen will separately offer affected owners of two-liter cars cash compensation of $5,100 to $10,000, depending on the model and year of the vehicle. They will also receive an additional $350 from Bosch, which supplied the engine software. Owners of three-liter cars will be entitled to compensation of $7,000 to $16,000, and $1,500 from Bosch. | Volkswagen will separately offer affected owners of two-liter cars cash compensation of $5,100 to $10,000, depending on the model and year of the vehicle. They will also receive an additional $350 from Bosch, which supplied the engine software. Owners of three-liter cars will be entitled to compensation of $7,000 to $16,000, and $1,500 from Bosch. |
| People who sold their cars after Sept. 18, 2015, when the cheating was publicly disclosed, will be offered half of the cash compensation offered to current owners. | People who sold their cars after Sept. 18, 2015, when the cheating was publicly disclosed, will be offered half of the cash compensation offered to current owners. |
| You can cancel your lease without penalty and receive half the compensation that an owner would. | You can cancel your lease without penalty and receive half the compensation that an owner would. |
| No, car owners may choose not to participate and instead sue Volkswagen for better terms. Those owners, however, would also risk getting a lesser settlement, or none at all, if their lawsuits are unsuccessful. | No, car owners may choose not to participate and instead sue Volkswagen for better terms. Those owners, however, would also risk getting a lesser settlement, or none at all, if their lawsuits are unsuccessful. |
| Volkswagen is recalling or buying back the two-liter cars. All repairs and payments are to be made no later than December 2018. | Volkswagen is recalling or buying back the two-liter cars. All repairs and payments are to be made no later than December 2018. |
| The settlement for three-liter cars, and Bosch’s share of the compensation, still is subject to review by a federal judge and a public comment period, which will take at least until May. | The settlement for three-liter cars, and Bosch’s share of the compensation, still is subject to review by a federal judge and a public comment period, which will take at least until May. |