Oh, Canada! A VW Diesel Settlement Update

Our neighbors to the north tend to be a patient bunch, but you have to imagine Canadian VW diesel owners were starting to wonder when their settlement offer would come. Well, good news. Canadian owners will receive between $5,100 and $8,000 in compensation along with a few options. Any eligible owner can choose to trade their vehicle and apply its fair market value at that time towards the purchase of a new or used Volkswagen or Audi vehicle.

Spread out over 105,000 vehicles, that equals about $2.1 billion CAD (Canadian dollars). The settlement needs to be approved and finalized by two courts.

Want to Learn More?

What VW's Diesel Emissions Scandal Means for Owners

Volkswagen has admitted to using a defeat device on its supposedly 'clean diesel' vehicles. The reason? To skirt around US emissions standards. This doesn't sit well with ... well, just about anybody. In fact, the only group who seems reall