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Sunday, January 10, 2016

VW Reportedly Considering Buying Back More Than 50,000 Emissions-Cheating Cars In The U.S.

Volkswagen may buy back tens of thousands of vehicles in the United States if the company can’t find an easy way to remove “defeat devices” that allow the cars to evade emissions standards.

The potential buyback is just one of several options being weighed by the carmaker in order to satisfy federal regulators who uncovered the emissions cheating scandal in September, Bloomberg reports.

VW, the Environmental Protection Agency, and the California Air Resources Board are currently in discussions on ways to resolve the emissions issues plaguing more than 500,000 vehicles in the U.S. and 11 million worldwide.

According to sources who were briefed on the matter, VW has concluded that it would be easier after to repurchase some of the more than 500,000 vehicles equipped with defeat devices in the U.S. than it would be to fix them.

For now, the figure being linked to a potential buyback is about 50,000 vehicles, but that number could increase.

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1 comment:

Anonymous said...

Don't do it! VW gave you a great high mileage car that only exceeds EPA emission standards bu some .0004%!

Keep it and celebrate!