In the U.S., VW Owners Get Cash. In Europe, They Get Plastic Tubes.
Posted: Mon Aug 15, 2016 7:37 pm
So the next time some politician tells you that he's going to help the economy by reducing government regulation, think about this: we have some of the strongest consumer protection laws in the world in this country.
http://www.nytimes.com/2016/08/16/busin ... r=msft_msnVolkswagen owners in the United States will receive about $20,000 per car as compensation for the company’s diesel deception. Volkswagen owners in Europe at most get a software update and a short length of plastic tubing.
The startling gap in treatment is the result of European laws that shield corporations from class-action suits brought by unhappy consumers.