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VW Agrees to Buy Back Some German Diesels

Up until today, VW has had a firm policy of not buying back European cars equipped with cheating TDI engines. That position softened today as the company decided not to appeal decisions made in courts in Arnsberg and Bayern, Germany.

The rulings, that VW must buy back the TDIs, is now legally binding as VW waived its right appeal.

According to the automaker, these two court cases and the decision not to appeal them is exceptional, because of how small the value of the two cars is.

Volkswagen doesn’t expect these two rulings to have any bearing on other cases in Europe.

While VW will pay billions in America to buy back cheating diesels, VW has long argued that differences in emissions regulation meant that the cars were only illegal in America. It, therefore, argued that buying back vehicles in Europe, where many more TDIs were purchased, was unnecessary.

The automaker has faced criticism in Europe for that position, but an American style deal would be many times more expensive on the continent because of the volume of TDIs on the road.

Instead, VW is fixing diesels in Europe to keep them from emitting pollutants in quantities greater than are allowed.

[source: Reuters]

The post VW Agrees to Buy Back Some German Diesels appeared first on VWVortex.



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