XL Insights

Leaders in sustainable hybrid electric solutions for commercial vehicles. Learn More >>

VW Settlement Funding is Finally Here – Are You Ready?

VW Blog Post

It’s true! After months of fanfare, billions of dollars in VW settlement funding is now available to U.S. fleets. Here’s what you need to know.

Overview

Volkswagen has settled with the U.S. Department of Justice over the automaker’s efforts to cheat emissions testing.  As a result, nearly three billion dollars has been allocated to reduce diesel emissions in commercial vehicles across the United States.  That’s a lot of money, and fleets have an opportunity to use it to replace diesel-powered vehicles with cleaner, more fuel-efficient trucks moving forward.

Each U.S. state has had an opportunity to define their own program parameters. Most states have now done so, and their VW funding programs are ready to begin fielding reimbursement submissions. The funds are distributed on a first-come, first-served basis, until funds run out – so now is the time to move forward.

The question is:  Are you ready to tap into what’s available in your state?

Continue reading “VW Settlement Funding is Finally Here – Are You Ready?”

VW Settlement Funding is Finally Here – Are You Ready?