Volkswagen promises dealers restitution within a month - WRCBtv.com | Chattanooga News, Weather & Sports

Volkswagen promises dealers restitution within a month

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Volkswagen Passats at a dealership Photo by Doug Strickland /Times Free Press Volkswagen Passats at a dealership Photo by Doug Strickland /Times Free Press

U.S. Volkswagen leadership are promising restitution several weeks for American franchise dealers damaged by the carmaker's diesel scandal, the Wall Street Journal reported on Sunday, citing dealers.

A senior American executive for the German automaker made the pledge at a Friday meeting with over 150 dealers from the northeast at a hotel in New Jersey, the WSJ said, citing dealers who met with the company.

The meeting was reported to be the first in a series that VW is having to share information with dealers over plans to roll out a $15 billion settlement related to the emissions scandal.

The program affects nearly 500,000 tainted diesel vehicles on the road and another 12,000 that dealers are unable to sell, according to the report.

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