Friday, August 26, 2016

Volkswagen Dealer Payout Leaked; Automaker Plans to (Gasp!) Lower its Prices

It didn't take long for sources to squeal about the size of the settlement forged yesterday between Volkswagen and its ornery U.S. dealer network. According to people familiar with the deal, 652 VW dealers will share about $1.2 billion to offset losses from unsold vehicles and sunk costs, Bloomberg reports. But cash is only one part […]

The post Volkswagen Dealer Payout Leaked; Automaker Plans to (Gasp!) Lower its Prices appeared first on The Truth About Cars.



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