Volkswagen may buy back thousands of US diesel-engined cars

Volkswagen may buy back tens of thousands of cars with diesel engines that can’t be easily fixed to comply with US emissions standards as part of its efforts to satisfy the demands of regulators.
Volkswagen may buy back thousands of US diesel-engined cars

Negotiations between the German car maker and the US Environmental Protection Agency are continuing and no decisions have been reached. Still, a buyback would be an extraordinary step that demonstrates the challenge of modifying vehicles that were rigged to pass emission tests.

VW has concluded it would be faster to repurchase some of the more than 500,000 vehicles than fix them, said the sources.

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