Volkswagen Dealerships Hopeful Over Potential Payout from Emissions Scandal Volkswagen expected to pay $1.2 billion collectively to dealers; specific details expected end of September Volkswagen dealers nationwide are largely striking a hopeful tone on news of the auto maker’s deal with some 650 Volkswagen franchise dealerships in the U.S. over its emissions scandal. Volkswagen expects […]
Tag: VW
Steve Kalafer in the WSJ
VW Vows to Compensate Dealers for Tainted Diesels Dealers say the TDI Settlement Program affects the nearly 500,000 tainted diesels on the road and another 12,000 vehicles that dealers are unable to sell Volkswagen AG executives in the U.S. have pledged to compensate hundreds of American franchise dealers who have been damaged by the car […]
Steve Kalafer in WSJ
Volkswagen to Pay More Than $10 Billion to Settle Emissions Claims Company will pay diesel car owners at least $5,100 on top of buyback or fix Volkswagen AG is nearing a $10 billion civil settlement, the largest in the auto industry’s history, to compensate U.S. owners of vehicles affected by the German car maker’s emissions-cheating […]
Steve Kalafer on NBC Nightly News
Volkswagen Reaches Deal With Feds Over Emissions Scandal – The federal government has reached a broad agreement with Volkswagen that will mean compensation for car owners via cash and buybacks.
Kalafer on Bloomberg
Steve Kalafer, co-owner of Flemington Car & Truck Country, talks with Pimm Fox about the anger he feels as a car dealer about the Volkswagen diesel emissions scandal and the unanswered questions he has for the automaker. He speaks on “Bloomberg Markets.” (Source: Bloomberg)
Wired gets Kalafer's input
VW Screwed Its Dealers, Too Most of the immediate fallout from the emissions scandal has focused on customers (what does this mean for their cars?), Volkswagen itself (how much will this cost the company?), and the environment (just how much extra smog are we dealing with?). Those valid concerns, though, ignore a key player: dealers. […]
Kalafer: VW worse than Madoff
Volkswagen dealer: Biggest fraud I have ever seen Steve Kalafer is furious. After 23 years selling Volkswagens at his dealership, Kalafer reckons he has never seen anything as bad as the German automaker’s rigging of the emissions levels on its clean diesel vehicles. Read the full article here.