VW to Compensate Nazis’ Slave Laborers

In a reversal, Volkswagen announced that it will open a private fund to pay slave laborers who worked for the company under the Nazis. Volkswagen said last month that the Nazi regime was responsible for wartime slave labor and that claims should be directed to the regime’s successor--the current German government. The company explained its new decision to compensate slave laborers as “done in recognition of its historical and moral responsibilities arising from the use of forced labor during World War II.” Details of the planned fund will be released in mid-September.