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Dealers are understandably salty after being forced to clean up corporate's messes. After all, who do the customers interact with most often -- the suits on high, or local dealers?
NurPhoto/Getty ImagesWhen Volkswagen aounced its $15 billion settlement with the US govement over its diesel malfeasance, the company covered how it would reimburse diesel owners -- but it made no mention of dealers. According to a new report, VW should have its dealer restitution set up within a month.
Dealers who met with Volkswagentold The Wall Street Joual that the company plans to finalize its restitution plan within a month. Up until this point, very little has been aounced in the way of dealer compensation, even though their livelihoods have been affected by Volkswagen's misdeeds.
The company also reportedly discussed the potential timeline for implementing fixes for the three generations of diesel vehicles included in Dieselgate. The two latest generations should be fixed with software alone, while the first generation requires a mix of both hardware and software fixes. This, of course, supposes that federal regulators sign off on these fixes, which they haven't yet.
Volkswagen did not immediately reply to a request for comment.
Volkswagen's diesel vehicles comprised some 20 percent of its US sales, so it's easy to see why dealers are looking for answers. The company first ended up in hot water after it was revealed to have deceived regulators -- while its diesels performed well in laboratory environments, the vehicles would go on to pollute well in excess of legal limits once out on the road.
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