Volkswagen Funding Update
The momentum continues with our collective efforts to make propane school buses part of VW settlement funding. We are continuing to receive responses from our first round of letters and are working on program outlines for those dealers who submitted their paperwork.
There has been a new development recently that will potentially increase the amount of funding your state will receive. On December 20, 2016, the U.S. Department of Justice and U.S. EPA announced preliminary details and released documentation relating to a second partial settlement involving 3.0 liter vehicles sold by Volkswagen and its affiliated companies. The settlement provides an additional $225 million to fund the Environmental Mitigation Trust, which is the pool of money that school bus replacements will come out of. The settlement is out for public comment right now, but once we know more we’ll make sure to update you. You can see the potential updated amount per state here.
YOUR NEXT STEPS:
- If you have not sent out your initial letters yet, you can find all the materials online here to do so:
- Please complete this Excel spreadsheet and email it to chelsea.uphaus@roush.com. We’re waiting on information from you, the dealer, to move on to our next phase of outreach. This is when we will be distributing program outlines like the one here.
Thanks to those of you who’ve already sent it in. We’re working on your program outline and will be in touch in the next couple weeks.
We’re also learning more about which states are closer to choosing their beneficiaries and which are not. We’ll be reaching out if we feel a beneficiary is close to being named in your state so that we can form a unified plan to engage with them.
If you have any questions, contact Chelsea Uphaus at chelsea.uphaus@roush.com or 734.466.6710.
