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VW Could Buy Back 115,000 US Diesel Cars

Jan. 7, 2016
Volkswagen expects to buy back about one of every five of the 580,000 or so US cars affected by the emissions-cheating software, providing owners with either cash or large discounts on new cars.

FRANKFURT, Germany — Embattled German auto giant Volkswagen expects to have to buy back around 115,000 diesel vehicles in the United States that are affected by the massive pollution-cheating scandal, the daily Sueddeutsche Zeitung reported Thursday. 

Quoting sources inside the company, the newspaper said that VW expected to have to buy back around one-fifth of the affected cars in the United States, which totaled around 580,000. Contacted by AFP, the carmaker 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 large discount. The U.S. authorities will reportedly reach a decision on this in January. 

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 engines worldwide. The number of vehicles involved in the U.S. is estimated to be around 600,000. 

Earlier this week, the U.S. Department of Justice 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. 

VW is scheduled to start recalling some 8.5 million affected vehicles in Europe this month. 

Copyright Agence France-Presse, 2016

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