VW Said To Offer Cash To Diesel Car Owners

Posted: Nov 9 2015, 6:31am CST | by , Updated: Nov 9 2015, 6:35am CST, in News | Cars & Vehicles

VW Said to Offer Cash to Diesel Car Owners
Credit: Getty Images
  • To regain trust VW is offering cash to US customers!

The TDI Goodwill Program will compensate diesel car owners with prepaid cards.

Volkswagen is trying to establish trust with its US customers once again. In an initiative the German automaker is launching the TDI Goodwill program. The program will work towards recovering some of the good will Volkswagen lost.

In September Volkswagen admitted to installing defect devices in vehicles to cheat on emissions tests. As part of the TDI Goodwill program cash will be offered to diesel car owners.

The cash will be offered starting from next week, according to NYTimes. The cash would be offered in the form of prepaid cash card. Volkswagen was supposed to make an announcement on Monday regarding the details.

According to the site The Truth About Cars cash cards worth $500 will be offered. The cash card worth $500 could be spent any way the owner wanted. The cash cards could also be spent at any Volkswagen dealer. Other reports suggest cash cards worth $500 to $750 would be offered.

While a previous report indicated cash up to $1,250 will be offered, which was not confirmed. The cash would probably be offered in the form of 2 debit cards. One of the cards will be a cash gift card. While the other will be a cash card viable at VW dealerships.

Volkswagen owners have sued the company for compensations. The resale value of about 500,000 Volkswagen and Audi vehicles have fallen since September. It is not specified if owners who accept the cash cards will have to give up suing rights.

Since the diesel emission scandal Volkswagen has been trying to minimize the damage. Offering cash incentive is just another way along with large discounts on new sales.

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