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VW’s CEO to Meet Top U.S. Environmental Chief Next Week
Volkswagen AG CEO Matthias Mueller will meet with U.S. Environmental Protection Agency head Gina McCarthy next Wednesday to discuss how to fix 580,000 diesel-powered vehicles VW rigged to elude emission laws
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Volkswagen AG CEO Matthias Mueller will meet with U.S. Environmental Protection Agency head Gina McCarthy next Wednesday to discuss how to fix 580,000 diesel-powered vehicles VW rigged to elude emission laws.
Mueller’s trip to Washington, D.C., will include conferences with Congressional leaders, according to Bloomberg News. The visits, which were requested by VW, aim to end an impasse between VW and EPA over defining an “effective, appropriate” remedies demanded by the agency.
Those solutions are widely expected to be considerably more difficult and expensive than the simple software updates VW plans for 8.5 million similarly rigged diesels sold in Europe, where emission standards aren’t as stringent.
A German media report earlier this week indicated VW may buy back rather than fix 115,000 of the oldest affected models in the U.S.
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