Consumer Reports Tells Volkswagen Should Pay Diesel Owners More

Prominent U.S. magazine Consumer Reports advised the Justice Department to hike payment to 475,000 owners of contaminating Volkswagen diesel cars and permit owners who select a repair to reconsider.

In comments submitted on Friday on the proposed contract, the publication stated the buyback offer undervalues market prices and advised the usage of values that “would cause buyback offers for consumers that would be at least a number of hundred dollars greater”.

Customer Reports likewise desires owners who select a repair to be able to alter their mind and rather sell the vehicle back to Volkswagen due to the fact that the vehicle may perform differently as soon as a fix is carried out.

The general public comment period for the Volkswagen permission decrees ends on Friday. U.S. District Judge Charles Breyer gave initial approval on July 26 to the settlement, that includes the largest-ever U.S. automotive buyback offer, and set an October 18 hearing to give final approval.