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Solid VW dealer relations come with a US$1.28bn price tag

All the details of the dealer compensation agreement have been finalised and the deal now passes to the court for approval. By Megan Lampinen

Volkswagen has finalised a compensation agreement with its US dealers, an essential step to achieving its ambitious turnaround plans for this pivotal market.

Understandably, dealers were disgruntled over the defeat device scandal, which some claimed had damaged their franchise value. A group of them took VW to court. A tentative deal was announced about a month ago, though the details had yet to be worked out. VW had said that it hoped to finalise everything by the end of September.

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