VW Said to Pay Diesel Owners Up to $7,000

The transcript discusses Volkswagen's efforts to compensate car owners affected by the emissions scandal. It highlights the complexities of the compensation process and the delay in Volkswagen's response due to regulatory challenges. Additionally, it covers the internal conflicts among Volkswagen's shareholders, particularly the unusual move by Lower Saxony to abstain from voting for certain board members under investigation.

What is the main challenge in compensating car owners affected by the Volkswagen scandal?

• Finding the right vehicles to compensate

• Determining the exact amount for each owner

• Getting approval from the government

• Ensuring all owners are satisfied

Why did Volkswagen take a long time to respond to the scandal?

• They faced regulatory challenges

• They underestimated the problem

• They were waiting for new technology

• They were focused on other projects

What was Volkswagen's initial response to the scandal?

• To deny the allegations

• To compensate owners immediately

• To fix the cars

• To recall all vehicles

What unusual action did Lower Saxony take regarding Volkswagen's board members?

• They voted against the board

• They abstained from voting

• They called for a new CEO

• They supported all board members

Which two Volkswagen board members were under investigation?

• Martin Winterkorn and Herbert Deiss

• Matthias Müller and Oliver Blume

• Ferdinand Piëch and Wolfgang Porsche

• Hans Dieter Pötsch and Frank Witter