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Reports: VW Reaches Accord in U.S. on Cheater V-6 Diesels
Volkswagen AG has reached an agreement with U.S. regulators to repair or buy back roughly 80,000 Audi, Porsche and VW vehicles equipped with 3.0-liter V-6 diesels the company had rigged to evade emission standards, according to media reports.
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Volkswagen AG has reached an agreement with U.S. regulators to repair or buy back roughly 80,000 Audi, Porsche and VW vehicles equipped with 3.0-liter V-6 diesels the company had rigged to evade emission standards, according to media reports.
The agreement will cover diesel-powered versions of Audi Q5 and Q7 crossover vehicles, Audi A8 large sedans, Porsche Cayenne SUVs and VW Touareg crossovers.
VW reportedly will be allowed to use a relatively simple software update to fix about 60,000 of the affected vehicles. The company will offer to buy back about 19,000 older models deemed too difficult to bring into regulatory compliance.
Not yet resolved is how much VW may end up compensating the V-6 diesel owners. In a settlement in June involving 4-cylinder VW diesels, the company agreed to pay as much as $10,000 per vehicle. Reports say VW hopes to pay far less in the V-6 deal.
The accord must be approved by U.S. District court Judge Charles Breyer, who said earlier this month he was “very optimistic” about a settlement. He previously asked for a final plan no later than Nov. 30.
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