VW Reaches Settlement for 3.0-liter TDIs, Report

A deal has been struck between Volkswagen and US environmental regulators that would settle the fate of the 3.0-liter TDI vehicles involved in the emissions cheating scandal. That’s according to unnamed sources who recently spoke to Bloomberg.

The deal would see Volkswagen AG buy back around 19,000 vehicles—including the A6, A8, and Touareg models—and would get the go ahead to fix the other 60,000 or so vehicles. According to a source who spoke to Bloomberg, that would save the company around $4 billion.

The fix would involve a simple software update, says the source. The update would only work on newer models, though. About 19,000 models are too old, and would require too complex a fix to be economically viable, and so would just be bought back.

The fate of those cars remains to be seen, though in the 2.0-liter TDI case some of the bought back cars are supposed to be scrapped or recycled, while others can be resold in markets with less stringent emissions regulations.

The deal hasn’t been approved yet, and according to the sources who spoke to Bloomberg, not all of the details have been hammered out either. How much VW will offer for the vehicles it buys back, for instance, remains to be determined.

Even when a deal is approved, Volkswagen still has to reach an agreement with the Federal Trade Commission, which is suing the company for false advertising.

The FTC said that it wants VW to offer to buy back all of the 80,000 3.0-liter TDIs, but the car maker is looking to avoid that.

[source: Automotive News]

The post VW Reaches Settlement for 3.0-liter TDIs, Report appeared first on VWVortex.

from VWVortex http://ift.tt/2fUODJH
via IFTTT

Comments

2018 Lamborghini Aventador S Roadster Review

“Supercars just don’t excite me anymore.” These words, spoken to me over a month ago by another journalist, friend, and (so-called) enthusiast were echoing in my head for far too long, but they’ve finally been drowned out. Drowned out by the wail of a naturally aspirated 6.5-liter V12 engine mounted in the middle of the new Lamborghini Aventador S Roadster. My friend’s point is that back in the good old days, there was a crop of supercars that captured the imagination with amazing style, sounds, performance, and more. Today, it seems like everything is capable of supercar performance, with large luxury sedans outdoing some of the best and most dedicated teams of car nuts, while former pillars of automotive excellence are suddenly pumping out family-friendly SUVs. Beyond that, another league of supercars, dubbed hypercars have cropped up with hybrid gas-electric powertrains that make magical things happen quickly, but at the cost of the acoustic drama, visual flair, and engag...

Project SportWagen: Going Stage 2 with APR

When we last left you, the humble little SportWagen was fresh from the development process with our friends at AWE Tuning, sporting a new downpipe, exhaust and intake, allowing things to breathe a bit easier. The car sounded great, but there was no getting around the fact that our wagon was still quite, well, slow. While we realize that nothing we do to the Golf SportWagen at this point will make it a race car, we still felt compelled to do something . To put it bluntly, we had a fever, and the only cure was more power. Flash forward a few hours, and we found ourselves at Waterfest, staring down APR’s palatial spread and the numerous tuned vehicles surrounding it. Earlier in the year, APR had hinted to us that their 1.8 TSI files would be quite impressive, and based on what they were able to do with the 2.0 TSI found in the new GTI and our time in their Golf R, we knew it’d be worth the wait. So with this in mind, we lined our G...

Event Report: Southern Worthersee 2015

There’s been much ado about this year’s SoWo since this past Saturday night, when Instagram, Facebook and other Social Media channels exploded with images and commentary focusing on the event’s bad eggs. But first, let’s chat a bit about the event itself. Our journey started early Thursday morning as part of the Orchid Euro/Coolwater cruise to the event. What should have taken about 12-13 hours ended up taking much more, as we stopped to help any Volkswagen that needed our assistance. And while the extended commute time wasn’t ideal, it proved to highlight the ‘no person left behind’ spirit of the Volkswagen community- arguably one of the scene’s best qualities. On Friday and Saturday, the town was flooded with enthusiasts, making this year’s event without a doubt the largest yet. Attendees came from as far as California, Mexico City, and event a few straight from the original Wörthersee in Austria, and for most it was well worth the trip. The quality o...

Vorderman Volkswagen

Search This Blog