Federal Trade Commission Chairwoman Edith Ramirez issued the following statement regarding today’s announcement by U.S. District Judge Charles Breyer of a nearly completed agreement resolving the EPA’s Clean Air Act claims, and nearly complete agreements concerning consumer injury claims.
“We are pleased to be moving forward on an agreement in principle to compensate consumers who purchased affected Volkswagen and Audi 3.0 liter vehicles and look forward to resolving the final details. The FTC, with its partners, secured $10 billion in compensation for the vast majority of consumers harmed by Volkswagen’s deceptive advertising earlier this year, and today’s agreement will provide redress for a smaller but no less important group of consumers who were not part of the original settlement.”
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