Volkswagen Claims Fund administrator Kenneth Feinberg said he is ready to start compensating owners of VW diesel vehicles affected by the automaker’s emissions cheat, predicting that most all of the nearly 600,000 owners would accept offers from the fund. However, Mr. Feinberg told a German newspaper that his “hands are tied” until VW leaders and U.S. environmental regulators have agreed on a plan to repair the vehicles. Mr. Feinberg has not yet disclosed what options VW owners will be given, as much of what the company offers pivots on an acceptable solution to the emissions cheat, which allows certain diesel ... Read More
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