Volkswagen May Buy Back 115,000 Diesel Cars in US
Volkswagen estimates that it might have to buy back around 115,000 diesel vehicles that are affected by the emission cheating scandal in the US, according to a report in the German daily Sueddeutsche Zeitung.
Highlights
Volkswagen estimates that it might have to buy back around 115,000 diesel vehicles that are affected by the emission cheating scandal in the US, according to a report in the German daily Sueddeutsche Zeitung.
Based on information received from sources in the company, the newspaper reported that VW may have to buy back around one-fifth of the affected cars in the US, which totalled around 580,000.
The German carmaker, however, refused to comment on the information.
The newspaper said the buy-back could take the form of either a cash payment or the owners would be offered a brand new vehicle in exchange at a heavy discount.
The US authorities would reach a decision on this in January, the report added.
VW is currently engulfed in a scandal of global proportions after it was forced to admit in September that it installed pollution-cheating software in 11 million diesel cars worldwide.
Earlier this week, the US government announced it is taking VW to court over the affair, dubbed 'diesel-gate', which has hit the company's sales and could cost it countless billions of euros in fines and lawsuits.
In Europe, VW is scheduled to start recalling some 8.5 million affected vehicles in the region in January.
Based on information received from sources in the company, the newspaper reported that VW may have to buy back around one-fifth of the affected cars in the US, which totalled around 580,000.
The German carmaker, however, refused to comment on the information.
The newspaper said the buy-back could take the form of either a cash payment or the owners would be offered a brand new vehicle in exchange at a heavy discount.
The US authorities would reach a decision on this in January, the report added.
VW is currently engulfed in a scandal of global proportions after it was forced to admit in September that it installed pollution-cheating software in 11 million diesel cars worldwide.
Earlier this week, the US government announced it is taking VW to court over the affair, dubbed 'diesel-gate', which has hit the company's sales and could cost it countless billions of euros in fines and lawsuits.
In Europe, VW is scheduled to start recalling some 8.5 million affected vehicles in the region in January.
Last Updated on January 9, 2016
Stay updated with automotive news and reviews right at your fingertips through carandbike.com's WhatsApp Channel.
Great Deals on Used Cars
View All Used Cars8.9
2021 Hyundai Venue
- 13,870 km
- Petrol
- Manual
Rs. 8.25 Lakh
₹ 17,444/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.3
2020 Mahindra XUV300
- 25,279 km
- Diesel
- AMT
Rs. 10 Lakh
₹ 21,152/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.8
2022 Maruti Suzuki Ertiga
- 11,678 km
- Petrol+CNG
- Manual
Rs. 12.5 Lakh
₹ 27,996/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.3
2020 Mahindra Thar
- 19,398 km
- Diesel
- Manual
Rs. 13.5 Lakh
₹ 28,556/month
INDRAPRASTHA AUTOMOBILES PVT. LTD. New Delhi
8.7
2023 Mahindra Thar
- 26,000 km
- Diesel
- Manual
Rs. 16.75 Lakh
₹ 35,424/month
Car Choice Exclusif Amberhai, New Delhi
8.3
2020 Maruti Suzuki Swift
- 21,000 km
- Petrol
- AMT
Rs. 6.25 Lakh
₹ 13,998/month
Car Choice Exclusif Amberhai, New Delhi
8.0
2021 Hyundai Alcazar
- 9,746 km
- Petrol
- Manual
Rs. 16.35 Lakh
₹ 36,618/month
Car Choice Exclusif Amberhai, New Delhi
8.5
2022 Mahindra XUV300
- 27,200 km
- Petrol
- Manual
Rs. 10.9 Lakh
₹ 23,056/month
Max Motors Yozna Vihar, New Delhi
8.7
2021 Renault Kiger
- 24,000 km
- Petrol
- Automatic
Rs. 8.5 Lakh
₹ 19,037/month
Auto Elite Defence Colony, New Delhi
7.7
2014 Hyundai Grand i10
- 20,000 km
- Petrol
- Manual
Rs. 4.25 Lakh
₹ 9,519/month
Auto Elite Defence Colony, New Delhi
Upcoming Cars
Upcoming Bikes
Explore More
Latest News
Related Articles
Trending Vehicles In India
- Home
- News
- Auto Industry
- Volkswagen May Buy Back 115,000 Diesel Cars in US